The payment of dividends is a financing activity
a. True
b. False
Indicate whether the statement is true or false
True
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Which statement is correct?
a. Assertions affected by highly objective estimates usually require direct tests of balances. b. The materiality of the account totally dictates the substantive procedures to be performed. c. The evidence the auditor obtains from risk assessment procedures does not influence the substantive procedures to be performed. d. The extent and results of control tests performed by the auditor will influence the substantive procedures to be performed.
Fields can be summarized by a number of functions, including Sum, Count, Average, and several others. By default, numeric fields will be ___________, and text fields will be ___________.
a) averaged; counted b) counted; summed c) summed; counted d) ranked in descending order; summed e) summed; ranked in alphabetical order
The northwest-corner rule is best used:
A) to minimize the total shipping cost from several origins to several destinations. B) to calculate whether a feasible solution is also an optimal solution. C) to calculate how much to transfer from one shipping route to another. D) to generate an initial feasible solution to a transportation problem. E) to resolve cases of degeneracy in transportation problems.
The credit department of Discount Retail Stores Inc calls Emmett at work about an overdue bill. Emmett's employer objects.Discount Retail's credit department continues to call Emmett at work. This is a viola¬tion of
a. no federal law. b. the Fair and Accurate Credit Transactions Act. c. the Fair Debt Collection Practices Act. d. the Truth-in-Lending Act.