Which of the following is NOT a technique to use when formatting a memo?
a. Omit personal and professional titles.
b. Include a specific subject line to make reading easier.
c. Sign your name at the end of the document.
d. Use single-spaced, unindented paragraphs.
C
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Which of the following best describes the distinguishing feature of statistical sampling?
A. It reduces the problems associated with the auditor's judgment concerning materiality. B. It requires the examination of a smaller number of supporting documents. C. It permits the auditor to use the most efficient sample size and to quantify the sampling risk to reach a statistical conclusion about the population. D. It is evaluated in terms of two parameters: statistical mean and random selection.
What is the responsibility of the International Accounting Standards Board?
A. IASB promotes uniform accounting standards among different countries. B. IASB settles accounting disputes between auditors and international companies. C. IASB issues standards which regulate the financial accounting and reporting of multinational corporations and then enforces them through legal channels. D. IASB is to develop a uniform currency in which the financial transactions would be measured.
A ____________________ is someone who plays a central role in a project, problem, or decision and has interest in its outcome.
Fill in the blank(s) with the appropriate word(s).
Managers at Worldwide Auto establish a group, or a(n) ________ team, comprised of engineers from Germany, Japan, and the United States for the design and manufacture of a new vehicle.
A. cross-functional B. interest C. informal D. cross-cultural E. advocacy