A contract is discharged when its specific subject matter is destroyed.
Answer the following statement true (T) or false (F)
True
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Auditors of ERP systems
a. need not be concerned about segregation of duties because these systems possess strong computer controls. b. focus on output controls such as independent verification to reconcile batch totals. c. are concerned that managers fail to exercise adequate care in assigning permissions. d. do not view the data warehouse as an audit or control issue at all because financial records are not stored there. e. need not review access levels granted to users because these are determined when the system is configured and never change.
Copyrights may be expressed in all of the following except
a. books. b. computer programs. c. motion pictures. d. ideas.
Billy admires firemen. He wants to dress like them, wear a fireman's hat, and pretend to put out fires. For Billy, firemen are:
A. a referral group. B. a reference group. C. a perceptual group. D. an associate group.
A _____ is a statement declaring that the seller will not honor some or all implied warranties
a. defamatory statement b. forum selection clause c. warranty disclaimer d. warranty negation