High-quality data are data that are:
A) accurate.
B) consistent.
C) available in a timely fashion.
D) all of the above.
D
You might also like to view...
Brenda is the CEO of a large corporation. While presenting a proposal to a commercial bank for a corporate loan, she offered the bank's commercial loan manager a $10,000 "gift" for favorable treatment. Is Brenda guilty of bribery?
A. Brenda is guilty of bribery because she is dealing with a commercial bank in the normal course of business. B. Brenda is guilty of bribery whether the manager accepts or not because the offer constitutes the crime. C. Brenda is not guilty of bribery. D. Brenda is guilty of bribery only if the manager accepts because the crime has not occurred without acceptance by the other party.
The Thomas Corporation took out a 20-year mortgage on a new headquarters building on June 30, 2014 for $3,000,000 and pledged its only manufacturing facility and the land on which it stands as collateral. The monthly payment to the mortgagor is $25,000
and was first paid on July 1, 2014 . Your firm has audited this client before, but the client has never had a mortgage in previous years. You are in charge of the current year audit for Thomas, which has a balance sheet date of December 31, 2014. REQUIRED: 1 . Explain why it is desirable to prepare a schedule for the permanent file regarding the mortgage. What type of information should this include? 2 . Explain why the audit of mortgage payable, interest expense, and interest payable should all be performed together. 3 . List audit procedures that are typically performed to verify the issue of the mortgage, the mortgage and the interest payable account balances at December 31, 2014, and the balance in interest expense for 2014. 4 . What type of information should be disclosed in the footnotes for this mortgage to help the auditor determine whether the completeness and presentation/disclosure assertions are satisfied?
Under the accounts receivable aging method, the balance in Allowance for Uncollectible Accounts must be considered prior to adjusting for estimated uncollectible accounts
Indicate whether the statement is true or false
What is the importance of NIOSH and OSHA in the service desk environment?
A. They conduct research on work environments and provide recommendations relating to areas such as preventing work-related illnesses and injuries and creating safe and comfortable work spaces. B. They assist organizations in ensuring that the technology they use is used as efficiently and as effectively as possible. They assist organizations in integrating existing technology with new technology. C. They provide solutions such as electronic white boards, instant messaging systems and remote control software that enable service desk analysts to communicate among themselves and with customers. D. They manufacture furniture and other office-related items and are the leader in ensuring that their products meet all federal, state, and local guidelines for products that are safe in the workplace.