An auditor has been engaged to report on management's report on internal control. Management's report points to a material weakness in its system of internal controls over inventory. The auditor's report should be a(n) ________.
A) clean opinion with an emphasis of matter paragraph
B) adverse opinion
C) qualified opinion for a GAAP departure
D) clean opinion
A) clean opinion with an emphasis of matter paragraph
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Answer the following statements true (T) or false (F)
1. The study of the meaning of words is called semantics. 2. Jargon is the use of foreign language terms to represent concepts in American business. 3. Jargon is an example of a physical barrier to communication. 4. Trust between parties is an important element in preventing communication problems.
Elmo Inc., a Michigan-based manufacturer of athletic shoes, uses professional athletes in its ad campaigns to help sell its products. This is an example of ________ marketing
A) person B) place C) social D) organization E) internal
A receiver decodes a message by ________
A) putting it into words, images, or actions B) selecting a channel through which to transmit it C) interpreting its words or actions and attaching meaning to them D) determining the appropriate verbal or nonverbal response that should be sent E) closing the dynamic loop
Random variable x has the probability function f(x) = X/6, for x = 1, 2 or 3? The expected value of x is
A. 0.333. B. 0.500. C. 2.000. D. 2.333.