An error is considered material if it would trigger an IRS audit.

Answer the following statement true (T) or false (F)


False

An error is material if knowing about it would influence the opinion of the average prudent investor.

Business

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Marketing public relations is a unique form of marketing because ________

A) marketers rely solely on non-media channels to disseminate their messages B) consumer behavior is more reliable than with other forms of marketing C) firms pay their public relations agencies only if they produce measurable results D) it has almost entirely replaced advertising as a means of promotion E) audiences are drawn to communication outlets where they gain access to information they crave

Business

"To increase the product assortment purchased by current customers by two percent during the next three months," is an example of a(n):

A. derived demand. B. future product quotient. C. market quota. D. account objective. E. net product forecast.

Business

Government-wide statements use the:

A. economic resources measurement focus and modified accrual basis of accounting. B. economic resources measurement focus and accrual basis of accounting. C. current financial resources measurement focus and accrual basis of accounting. D. none of the choices is correct.

Business

Firm X has an accounts payable period of 38 and a costs of goods sold of $7,500. Calculate the Average payables

A) 780.44 B) 197.37 C) 835.64 D) 217.26 E) 694.61

Business