A major disadvantage of investing in mutual funds is that ________
a. the judgment of the fund managers may be wrong
b. the fund managers do the hard work of research and diversification
c. if one investment fails, the losses should be balanced by gains among other investments
d. there are no fees to be paid to the money managers
a
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Which of the following risks is related to efficiency of testing?
A. The risk of incorrect acceptance. B. Inherent risk. C. The risk of incorrect rejection. D. None of these.
Super-variable costing is a costing method mat treats direct labor and manufacturing overhead costs as product costs.
Answer the following statement true (T) or false (F)
Internal personnel whose primary responsibility is the retail audit are _____
a. consultants b. company department managers c. outside auditors d. company audit specialists
Consider, first and foremost, ______________ to guide your innovation.
a. the cost of entering the market b. customer needs frustrations c. competitors’ current industry position d. adjacent markets