The purposes of audit services include all of the following EXCEPT:

A) establishing consumer profiles.
B) measuring consumer sales and market share.
C) analyzing distribution patterns.
D) tracking new products.
E) measuring competitive activity.


A

Business

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The auditor must use his or her professional judgment to determine the amount of audit evidence to be gathered.

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

Business

Cash larceny involves

a. stealing cash from an organization before it is recorded b. stealing cash from an organization after it has been recorded c. manufacturing false purchase orders, receiving reports, and invoices d. A clerk pays a vendor twice for the same products and cashes the reimbursement check issued by the vendor.

Business

With the ________ sales technique, the salesperson monopolizes the conversation and often talks about benefits which are of no use to the prospect. This sales presentation method is often perceived as a high-pressure sales presentation method.

A. memorized B. professional C. need-satisfaction D. barrier E. problem-solution

Business

Write the formulation for this linear program

A company producing a standard line and a deluxe line of dishwashers has the following time requirements (in minutes) in departments where either model can be processed. Standard Deluxe Stamping 3 6 Motor installation 10 10 Wiring 10 15 The standard models contribute $20 each and the deluxe $30 each to profits. Because the company produces other items that share resources used to make the dishwashers, the stamping machine is available only 30 minutes per hour, on average. The motor installation production line has 60 minutes available each hour. There are two lines for wiring, so the time availability is 90 minutes per hour. Let x = number of standard dishwashers produced per hour y = number of deluxe dishwashers produced per hour

Business