What is the key disadvantage of Google+?
A. cluttered environment with unnecessary content
B. more time consumption
C. less engaged user base
D. difficulty with navigation
E. slow growth rate
Answer: C
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Which individual listed is most likely to commit financial statement fraud in order to benefit an organization?
a. an executive b. an internal auditor c. a floor manager (line supervisor) d. the company Treasurer
Historical data used to predict the average or trend of actual demand is based on which of the following assumptions?
a. Past demand is not a reliable predictor of its future. b. Past demand is a reliable predictor of its future. c. Past demand is directly proportional to its future. d. Past demand is independent of its future.
Fred Frick and Fay Frack own houses next to each other and share a mutual driveway. Unfortunately, they hate each other. Fred leaves a garbage can on his side of the driveway, blocking Fay from getting in
Fay leaves her car parked on the driveway for long periods of time, blocking Fred from getting out. Which of the following is TRUE? A) Fred has the right to deal with his side of the driveway as he pleases, since he owns it. B) Fay has the right to park on her side of the driveway, since she owns it. C) Fred and Fay have only a right of way, not an easement, so neither has a right to complain. D) Neither Fred nor Fay has the right to interfere with the other's use of the driveway. E) both A and B
In the audit of financial statements, an auditor's primary consideration regarding an internal control policy or procedure is whether the policy or procedure:
A. enhances management's decision-making processes. B. provides adequate safeguards over access to assets. C. affects management's financial statement assertions. D. reflects management's philosophy and operating style.