An organization's most important resource is its ____ resources.
A. material
B. human
C. financial
D. information
E. technical
Answer: B
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Random number, systematic sampling and material value sampling are acceptable sample selection methods for statistical sampling
a. True b. False Indicate whether the statement is true or false
Which of the following is not true regarding preliminary analytical procedures performed by the auditor when planning the audit?
a. The primary preliminary analytical procedure for stockholders' equity accounts is a comparison of current year account balances with prior year account balances. b. If there are unusual or unexpected relationships, the planned audit procedures would be adjusted to address the potential material misstatements. c. The auditor should have an expectation as to the nature and magnitude of any account balance changes. d. Auditors show focus on just the numbers when performing analytical procedures.
A(n) ________ is an indorsement that states that it is for the benefit or use of the indorser or another person
A) indorsement in trust B) indorsement for deposit C) indorsement prohibiting further indorsement D) indorsement for collection
During the preindustrial age, most advertisements took the form of signs with symbols such as a beer tankard indicating a tavern because
A. most churches would not approve other forms of advertising. B. signs and symbols were considered lucky. C. most firms could not afford more sophisticated advertisements. D. most people were illiterate and could not read. E. local laws prohibited advertising in newspapers.