XYZ Ltd. has prepared financial statements that are not in accordance with GAAP. The review report should ________.

A) be a standard review report, since a review is not an audit
B) indicate the dollar effect of restatement for each account affected
C) ensure that the nature of the departure is described in the notes
D) contain a reservation describing the nature of the departure from GAAP


D) contain a reservation describing the nature of the departure from GAAP

Business

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Regarding controllable costs, which of the following statements is incorrect?

A) The production manager cannot make the decision to replace older equipment. B) All costs are ultimately controllable at the upper levels of management. C) The production manager is not responsible for avoiding waste of direct materials. D) The production manager cannot control all of the costs in his or her department.

Business

The new ________ salary for 12 ________ is $90,000

A) principal's/ months' B) principals/months C) principal's/months D) principals'/months

Business

The owner of a professional baseball team asks the account representative of an advertising agency to develop an advertising campaign to bring more teenagers to the ballpark. At this point, the account representative logically begins to discuss establishing ____ for the campaign.

A. the target audience B. a budget C. a media plan D. objectives E. advertising directives

Business

In a protean career, employees do not take responsibility for managing their careers.

Answer the following statement true (T) or false (F)

Business