Which sentence is correct?
A) To satisfy degree requirements, three math classes must be taken.
B) While driving to work, the proposal deadline distracted me.
C) By signing the contract, you agree to complete the work by April 1.
C
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Before accepting an engagement to audit a new entity, an auditor is required to:
A. make inquiries of the predecessor auditor. B. become a member of the entity's board of directors. C. tell the company whether or not the auditor is willing to issue a "clean" opinion. D. prepare a memorandum setting forth the staffing requirements and documenting the preliminary audit plan.
A retailer views the sales of merchandise through store, catalog, and Web-based operations as complementary to one another. This approach illustrates _____
a. channel cooperation b. multi-channel retailing c. intensive distribution d. selective distribution
When looking at an organization as a whole, one needs to visualize how it fits into its overall environment and understand how each part relates to the others. What management skill is this?
a. Human b. Conceptual c. Technical d. Leading
Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectively. Cash sales are normally 25% of total sales and the remaining sales are on credit. All credit sales are collected in the first month after the sale. Compute the amount of accounts receivable to be reported on the company's budgeted balance sheet for August.
A. $50,000. B. $150,000. C. $200,000. D. $52,500. E. $157,500.