Which one of the following is not a purpose of the management representation letter?
a. It clearly documents the audit procedures that were performed by the auditors.
b. It further acknowledges management's responsibility for the financial statements.
c. It confirms oral responses obtained by the auditor earlier in the audit and the continuing appropriateness of those responses.
d. It reduces the possibility of misunderstanding concerning the matters that are the subject of the representations.
a
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On March 10, Martin entered into an oral contract with Wilson. Under the oral contract, they agreed that Wilson will work for Martin for two years for a salary of $50,000 per year. Wilson quit his job the next day so that he could join Martin. But on March 12, Martin called Wilson and repudiated the contract, stating that he had decided not to hire him after all. If Wilson decides to sue, which of the following is most likely to be true?
A. Oral contracts are completely voidable and have no weight in the court. B. Wilson cannot sue Martin because there was no written contract. C. Wilson can sue Martin for false imprisonment and unintentional tort because Wilson did not have a written contract, and this becomes the best alternate course of action. D. Wilson may use the doctrine of promissory estoppel to show that he had materially relied on the oral promise and will suffer serious losses if the promise is not enforced.
The Card Company strives to recover, reuse, and recycle paper at the end of its life cycle to be used in the production of all new greeting cards. In fact, a hundred percent of all of its cards are made from recycled materials
In this case, The Card Company is demonstrating ________. A) pollution prevention B) pollution control C) product stewardship D) the marketing concept E) the selling concept
As interpreters of the public for management, public relations professionals need to learn what the public senses about the organization and alert management to those findings
Indicate whether the statement is true or false
The inaccuracy of the grapevine has more to do with the message output than with the input.
Answer the following statement true (T) or false (F)