All of the following are true about time series methods except
a. They discover a pattern in historical data and project it into the future.
b. They involve the use of expert judgment to develop forecasts.
c. They assume that the pattern of the past will continue into the future.
d. Their forecasts are based solely on past values of the variable or past forecast errors.
B
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If the auditor failed to confirm receivables when that should have been done and it may be too late to confirm now, what should the auditor do?
a. Issue an adverse opinion. b. Extend the previous work done on subsequent collections to help determine that the receivables existed and were properly valued at the balance sheet date c. Automatically decide that the previously issued audit report cannot be supported in light of the omitted procedures. d. Issue a disclaimer of opinion.
A replica of the Great Wall of China displaced during a speech is an example of a(n)______.
Fill in the blank(s) with the appropriate word(s).
Before meeting with an employee to discuss the performance evaluation, a supervisor should
a. Shred the employee's self-evaluation b. Consider the employee's likely response to the evaluation c. Have a cup of coffee and relax d. None of the above
What is not one of Gentry and Leslie’s four workplace behavior strategies?
a. Participate in office politics to strategically position yourself. b. Read the situation. c. Mingle strategically. d. Leave them with a good impression.