The auditor's determination that day's sales in accounts receivable increased from 44 days to 100 days would usually be found through the use of ratio analysis
a. True
b. False
Indicate whether the statement is true or false
True
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This question has two parts; be sure to answer both. First, how is training different from development? Next, assume that you are the HR director of a company that performs statistical analyses for sports teams. Your employees are mostly accountants, statisticians, and actuaries who use sophisticated data-collection and data-analysis software to help teams make key decisions regarding players and strategies. You bring in an account rep from StatSoft, an extremely expensive statistical software package, to train your staff on how to become "power uses" of StatSoft. Are you providing training or development to your employees?
What will be an ideal response?
Which of the following is true of the exclusive distribution strategy?
A) It makes products available to everybody, everywhere. B) It is used primarily for convenience items. C) It helps promote a brand's luxury image. D) It gives producers no control over their products. E) It enlists all of the intermediaries willing to carry a company's products.
How are general long-term liabilities distinguished from other long-term liabilities of the government? How does the financial reporting of general long-term liabilities differ from the financial reporting of other long-term liabilities?
What will be an ideal response?
When managing a crisis via social media, what is the rule of thumb?
A) Develop a "dark" website in advance of a crisis. B) Sync all Twitter accounts so that you are the only spokesperson. C) Abandon mainstream media and devote all attention to social media. D) Communicate well with mainstream media and monitor social media 24/7.