Planning, control and budgeting are three independent functions of a market audit

Indicate whether the statement is true or false


FALSE

Business

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Intel's loose brick was:

A) it's narrow focus on complex microprocessors for PCs. B) demand for non-PC products. C) getting into the smartphone market. D) unbeatable in computer market. E) developing new chips incorporating 3D technology.

Business

If Ash Company had sales during the year of $10,000,000, an average accounts receivable of $2,000,000, and net income of $500,000, its accounts receivable turnover ratio would be 0.25

a. True b. False Indicate whether the statement is true or false

Business

You have started an architecture company and are targeting several companies that you feel might be interested in your services. Should you e-mail copies of your portfolio to these companies?

A) Yes. B) No.

Business

After completing an audit, the most unfavorable opinion an auditor can issue is a disclaimer of opinion

Indicate whether the statement is true or false

Business