An entity's control activities include all of the following except
A. Performance reviews.
B. Information processing.
C. External auditor's tests of controls.
D. Segregation of duties.
C. External auditor's tests of controls.
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If the company can not cut costs any lower than they already are what would the profit margin on sales be if they meet the market selling price?
A) 15% B) 12.4% C) 10.7% D) 13.2%
In TCE uncertainty means:
a. Being lost in the detail b. Not being able to control the contingencies of contracts c. Being irrational in planning d. None of the above
Which of the following is an example of vertical-market application software?
A. inventory tracking software for an automobile manufacturer B. Microsoft PowerPoint, used to create presentations C. Adobe suite, used by graphic designers D. YouTube E. Tally software that is used to maintain business and personal accounts
An increase in freight density results in a decrease in carbon footprint
Indicate whether the statement is true or false