The risk is highest in the earliest phase of the project life cycle
Indicate whether the statement is true or false
TRUE
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A study has been conducted to determine if Product A should be dropped. Sales of the product total $500,000; variable expenses total $340,000. Fixed expenses charged to the product total $210,000. The company estimates that $60,000 of these fixed expenses are not avoidable even if the product is dropped. If Product A is dropped, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
A. ($50,000) B. $10,000 C. $50,000 D. ($10,000)
When management is unable to provide an explanation for a previously unrecognized risk identified through the analytical procedures, the auditor must issue an adverse opinion
a. True b. False Indicate whether the statement is true or false
Which sentence includes only positive language?
A) The customer service department is closed after 6:00 p.m. B) You cannot use a pen with green ink to complete the form. C) Your tax refund will arrive after April 20. D) The customer failed to provide her zip code. E) We must deny your request to change your password over the phone.
In a union election, managers and supervisors are allowed to do all of the following except:
A. provide union employees with facts about unions in general or about the particular union workers are considering. B. make promises to increase pay or provide other benefits to workers if they do not vote for the union. C. make statements about their opinions of the union or of unions in general. D. share experiences that they have had with unions or with the particular union workers are considering.