What should be the formula for cell B6?
a) =DISC(B1,B2,B3,B4,0)
b) =DISC(B1,B2,B3,B4,1)
c) =DISC(B1,B2,B3,B4,2)
d) =DISC(B1,B2,B3,B4,3)
e) =DISC(B1,B2,B3,B4,4)
c) =DISC(B1,B2,B3,B4,2)
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In which of the following situations will auditors typically rely on internal controls over financial reporting?
a. If control risk is assessed at a high level. b. If the controls are determined to be designed and operating effectively. c. If the clients asks the auditor to test controls. d. If the controls are sufficient to increase control risk to an acceptable level.
Using the following transactions, calculate (a) the ending balance of Cash, (b) the ending balance of Accounts Receivable, (c) total liabilities, and (d) net income for the period
a. Opened business by issuing common stock for $20,000. b. Billed customers for services rendered, $4,000. c. Paid for six months' subscription in advance, $1,000. d. Received advertising bill, to be paid next week, $200. e. Dividends of $1,600 were declared and paid. f. Received $3,000 from customers billed in b. g. Paid half of advertising bill. h. Received $400 in advance of performing a service.
James threatens to hit Kenneth in the head with a baseball bat unless Kenneth signs a contract agreeing to pay James $400 for his saw. Because of the threat, Kenneth signs the contract
a. This contract is voidable at Kenneth's option. b. James has committed physical duress against Kenneth. c. This is an example of economic duress. d. All of these.
Which of the following major challenges that organizations face today relates to the 40-hour work week, with a 30-year career in one job for a single organization and a gold watch as a gift on retirement, is no longer the norm?
a. Increasing complexity of change b. Changing workforce demographics c. Changing nature of work d. Current state of OD work