Specialty stores carry ________ with ________ within them

A) narrow product categories; mostly staples
B) narrow product categories; wide selections
C) narrow product categories; limited selections
D) wide product categories; wide selections
E) wide product categories; limited selections


B

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All of the following are mentioned in the text as indicators that should be used to evaluate interviewers on the quality of interviewing EXCEPT:

A) the answers to unstructured questions are summarized. B) for structured questions, item nonresponse occurs infrequently. C) the recorded data are legible. D) all instructions, including skip patterns, are followed. E) A and B

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Cash borrowed on a mortgage note is a(n) ________ activity on the statement of cash flows.

A) operating B) investing C) financing D) non-cash investing and financing

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In Benny v. City Car Dealership, a state supreme court held that a minor could cancel a con-tract for the sale of a car. Now a trial court in the same state is deciding Daphne v. Even Steven Auto Deals, Inc, a case with similar facts. Under the doctrine of stare decisis, the trial court is likely to

a. allow the minor to cancel the contract. b. disregard the Benny case. c. order the minor to cancel the contract. d. require the minor to fulfill the contract.

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Which of the following is not a safeguard that is ordinarily considered in evaluating threats to auditor independence?

A. Safeguards created by the profession, legislation, or regulation. B. Safeguards implemented by the attest client. C. Safeguards implemented by the CPA firm. D. Safeguards created by the Audit Committee Reference Group.

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