Defined-benefit plans have a fixed amount of payout at retirement.
Answer the following statement true (T) or false (F)
True
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Answer the following statements true (T) or false (F)
1. Across professions, extroversion is a stronger predictor of job performance than agreeableness. 2. The personality trait of conscientiousness has the strongest positive correlation with job performance. 3. Often personality tests can be used effectively as the sole basis for hiring. 4. Integrity tests are effective because dishonest people are unable to fake conscientiousness, even on a paper-and-pencil test.
Which of the following would the auditor use to determine the existence of investments?
a. Footing the schedule of recorded investments. b. Confirming or examining recorded investments. c. A schedule of investments sold during the year. d. Recomputing interest and/or gains and losses.
An auditor is not required to tell the reader of an audit report when there has been a change in accounting principles that materially affects the financial statements
a. True b. False Indicate whether the statement is true or false
A company uses the periodic inventory system and had the following activity during the current monthly period. November 1:Beginning inventory104 Units @ $10November 5:Purchased104 Units @ $26November 8:Purchased54 Units @ $25November 16:Sold142 Units @ $65November 19:Purchased35 Units @ $20Using the weighted-average inventory method, the company's ending inventory would be:
A. $3090 B. $1740 C. $1040 D. $2050 E. $3024