An auditor should trace interbank transfers for the last part of the audit period and first part of the subsequent period to detect whether
A. The cash receipts journal was held open for a few days after the year-end.
B. The last checks recorded before the year end were actually mailed by the year-end.
C. Cash balances were overstated because of kiting.
D. Any unusual payments to or receipts from related parties occurred.
C. Cash balances were overstated because of kiting.
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All of the following are examples of ideas that can be marketed EXCEPT:
A. Apple using a TV ad to explain the features of an iPad mini (camera, screen resolution, user interface, etc.). B. the Nature Conservancy marketing the cause of protecting the environment. C. State governments in Arizona and Florida marketing the notion of taking a warm, sunny winter vacations in their states. D. Charities like the Red Cross marketing the idea that it's worthwhile for you to donate your time or money to their causes to benefit society. E. conservative politicians who attempt to persuade voters of the need to slash government spending to reduce the $17 trillion debt.
Usually use an explanatory title for illustrations
a. true b. false
The union representing the workers at Wegners Market wants to strengthen its position by exercising its bargaining power. One way it could do this is by
A. plant closures. B. lockout. C. boycott. D. replacement workers.
Persian Rugs needs $600 million to support growth next year. If it issues new common stock to raise the funds, the flotation (issuance) costs will be 4 percent. If Persian can issue stock at $125 per share, how many shares of common stock must be issued so that it has $600 million after flotation costs to use for its planned growth?
A. 5,000,000 B. 4,800,000 C. 4,992,000 D. 4,512,000 E. 4,000,000