The financial statements of an organization reflect a set of management assertions about the financial health of the business. All of the following describe types of assertions except
A. that all of the assets and equities on the balance sheet exist
B. that all employees are properly trained to carry out their assigned duties
C. that all transactions on the income statement actually occurred
D. that all allocated amounts such as depreciation are calculated on a systematic and rational basis
Answer: B
You might also like to view...
Which of the following is NOT true about multiple-table forms?
A) The main form will display the first table one record at a time, just like a single-table form. B) The subform will display "one" record in the one-to-many relationship. C) Access will automatically use the common field between the tables to create the form. D) Before you can use two tables in a form, you must make sure there is a one-to-many relationship between the tables.
The Break statement causes program control to skip immediately to the first statement after the end of the loop.
Answer the following statement true (T) or false (F)
"Where the cable connects to a jack or a patch panel" defines which of the following?
A) Closet B) TCO C) Termination D) None of these answers are correct.
Sort efficiency is a measure of the relative efficiency of a sort.
Answer the following statement true (T) or false (F)