An accounting information system is said to be relevant, if it ________.
A) works smoothly with the business's employees and organizational structure
B) safeguards a business's assets and reduces the likelihood of fraud and errors
C) provides information that will improve decision making and reduce uncertainty
D) accommodates changes in the business over time
C) provides information that will improve decision making and reduce uncertainty
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A key indicator of fraud in the revenue cycle is the auditor's detection of which of the following?
a. Customer collections that are over 90 days past due. b. Credit entries in customer accounts receivable for authorized writeoffs. c. Recurring entries in the sales journal. d. Altered shipping documents and invoices.
A contractor finished a bridge across a lake 18 months early and received more than $6 million for the early completion. This is an example of reducing project duration caused by
A. Imposed project deadlines. B. Time to market. C. Unforeseen project delays. D. High overhead. E. Incentive contracts.
Which of the following would be considered a capital expenditure?
a. Cost to acquire a printing press b. Cost to lubricate a machine c. Cost to replace some light bulbs d. Cost to paint the factory wall
The sender of a message should analyze the audience before developing the message in order to do all but which one of the following?
a. Establish rapport and credibility b. Address the receiver's needs c. Simplify the task of organizing the message d. Assure that perception of reality is the same for everyone