Customers having substantial year-end past due balances fail to reply after second request confirmation forms have been mailed directly to them. Which of the following is the most appropriate audit procedure?

A. Review collections during the year being examined.
B. Examine shipping documents.
C. Intensify the study of the entity's system of internal control with respect to receivables.
D. Increase the balance in the allowance for uncollectible accounts.


Answer: B

Business

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Which of the following best characterizes the success of union efforts in the United States in the 19th century?

a. broad success in forcing humane working conditions across a wide range of industries b. major success on the working-hours issue but little else c. some isolated, small victories but overall very little progress d. near-total failure even to form a single functioning union

Business

Your total money received minus your total money outgoing equals your ____________________.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following best describes jargon?

A) a fad expression that is short-lived B) a polite expression that is used to soften the impact of an unpleasant situation C) a cultural tradition D) efficient terminology when communicating within specialized groups E) a denotative phrase that characterizes vertical communication

Business

All of the following are informal research methods except A) interviewing the target audience

B) conducting a scientific experiment. C) looking in company files. D) brainstorming for ideas.

Business