Auditors are responsible to fraud even if it has an immaterial effect on the financial statements

a. True
b. False
Indicate whether the statement is true or false


False

Business

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In which of the following ways can insanity on the part of a criminal defendant affect a criminal trial?

A. The court will be forced to dismiss the case. B. The trial may be delayed until the defendant regains sanity. C. Insanity at the time of the criminal act will not absolve the defendant of criminal liability. D. A defendant who becomes insane before sentencing can be sentenced.

Business

Explain the use of a gondola as a fixture.

What will be an ideal response?

Business

Acme, Inc., produces widgets. To manufacture a new type of widget, it took 51 hours for the first widget. Acme estimates it has an 85% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 148th widget.

a. 16.24 hours b. 15.86 hours c. 19.52 hours d. 16.94 hours

Business

Pratique Solutions offers jobs that require creativity and hires people who are enthusiastic and friendly. Their pay scale meets the industry norm but does not exceed it, and managers tend to stay at the same job level for a long time. In which of the following areas would Pratique Solutions score low on in a JDI survey? 

A. work itself satisfaction and supervisor satisfaction B. pay satisfaction and work itself satisfaction C. pay satisfaction and promotion satisfaction D. work itself satisfaction and coworker satisfaction E. promotion satisfaction and coworker satisfaction

Business