Smith is engaged in the audit of a cable TV firm that services a rural community. All receivable balances are small, customers are billed monthly, and internal control is effective. To determine the existence of the accounts receivable balances at the balance sheet date, Smith would most likely
A. Send positive confirmation requests.
B. Send negative confirmation requests.
C. Examine evidence of subsequent cash receipts instead of sending confirmation requests.
D. Use statistical sampling instead of sending confirmation requests.
B. Send negative confirmation requests.
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_____ applications are programs that enable workers to collaborate in real time over the web.
A. Hypermedia B. Multimedia C. Groupware D. Open source
Utilitarianism has been called a(n):
A. consequentialist approach to ethics. B. commonsensical approach to ethics. C. intuitive approach to ethics. D. behavioral approach to ethics.
Chinese teenagers prefer things from __________ to local products.
Fill in the blank(s) with the appropriate word(s).
A major problem associated with the use of want books (want slips) is that this technique _____
a. requires a sophisticated data base b. relies on retail salespeople to enter the relevant information c. requires a computer-based retail information system d. requires electronic data interchange capability