Which of the following questions would an auditor least likely include on an internal control questionnaire concerning the initiation and execution of equipment transactions?
A. Are requests for major repairs approved at a higher level than the department initiating the request?
B. Are prenumbered purchase orders used for equipment and periodically accounted for?
C. Are requests for purchases of equipment reviewed for consideration of soliciting competitive bids?
D. Are procedures in place to monitor and properly restrict access to equipment?
D. Are procedures in place to monitor and properly restrict access to equipment?
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How should researchers determine if case analysis is an appropriate component of exploratory research?
A) They ask themselves questions to determine the relevance of prior cases. B) They determine how similar phenomena in the past is with phenomena in the present. C) it is not necessary to determine appropriateness, because case analysis should always be included in D) Both A and B are correct. E) None of the above are correct.
The difference between the standard hours worked for a specific level of production and the actual hours worked is the labor efficiency variance
Indicate whether the statement is true or false
The most productive number of calls to make on an account is reached when additional calls do not lead to additional sales.
Answer the following statement true (T) or false (F)
As Hofstede’s dimension shows, the majority of people in Italy and Mexico prefer safe, predictable structures, while those in the United States and Singapore are at ease in a variable environment. This describes which one of the dimensions?
What will be an ideal response?