In order to increase the quality of current accountants, the CPA Vision Project has re-asserted the ability to use and calculate large amounts of numerical data as a primary competency for accountants
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: The core competencies in accounting identified in the CPA Vision Project go beyond the ability to crunch numbers. They include certain communications skills, along with skills in critical thinking and leadership.
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What task can the accounts receivable department engage in to verify that all checks sent by customers have been appropriately deposited and recorded?
Which of the following factors can never be used as a legal bona fide occupational qualification?
A) Race B) Sex C) Religion D) B and C E) A and C
The "g-factor" refers to
A. general adaptation syndrome. B. gross body equilibrium. C. gross body coordination. D. gross motor facilitation. E. general cognitive ability.
Which of the following is not a part of the auditors' responsibility regarding a client's count of its inventory?
A. Determine which counts they will make and which counts the client will make. B. Observe compliance with management's instructions for the count. C. Make some test counts. D. Evaluate condition of inventory.