Giselle, Luis, and Aricelli will be making a team presentation to a client firm. Which of the following is NOT a guideline for developing an effective team presentation?

a. During the team presentation, everyone on the team should take part.
b. Team members should plan seamless transitions between segments and presenters.
c. One individual should be designated to answer questions from the audience.
d. Team members should agree on the purpose of the presentation and a schedule for preparation.


C

Business

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The concept of conservatism is the capacity of information to make a difference in a decision

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

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If materiality judgments change during the audit opinion formulation process, what happens to previous audit decisions that were based on the evidence obtained using the initial material setting?

a. They need to be reassessed. b. They need to be noted in the footnotes. c. No action is required. d. None of the above.

Business

When we use the AFN equation to forecast the additional funds needed (AFN), we are implicitly assuming that all financial ratios are constant. If financial ratios are not constant, regression techniques can be used to improve the financial forecast.

Answer the following statement true (T) or false (F)

Business

Why is it important to determine what investment goals you are trying to achieve before you invest in a mutual fund?

A) The mutual fund company may attempt to change your goals to meet their fund offerings. B) You must provide the mutual fund company with your defined goals before they allow you to purchase shares. C) You must look for a mutual fund with the same or similar investment goals that you have in order to find an appropriate fund. D) All of the above are correct. E) Only A and B are correct.

Business