The AICPA's Audit and Accounting Guide, State and Local Governments, requires auditors to make separate materiality determinations for each opinion unit.
Answer the following statement true (T) or false (F)
True
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The development of a new information system is economically justified if the _____.
A. benefits outweigh the costs B. operational costs are high C. return on investment is negative D. costs exceed returns
Which of the following statements regarding supply chains is most accurate?
A. For an effective supply chain, key decisions should be made by a third-party logistics provider. B. Supply chain managers often need to make trade-offs between efficiency and responsiveness. C. Supply chains should consider the needs of suppliers, provided those needs are consistent with marketing strategies. D. The most common form of supply chain is the collaborative-response efficiency strategy. E. The longer the supply chain, the greater the economies of scale and the better the profit margin.
The prospect says, "I like your company's accounting software package, but our employees just don't have the time to learn a new system." This is an example of a ________ objection.
A. conditional B. product C. stalling D. source E. dodging
Mini is financing an organ with a purchase price of $5,289. She plans to put 15% down and pay the rest in installments. How much will her down payment be?