A surprise observation by an auditor of an entity's regular distribution of paychecks is primarily designed to satisfy the auditor that
A. All unclaimed payroll checks are properly returned to the cashier.
B. The paymaster is not involved in the distribution of payroll checks.
C. All employees have in their possession proper employee identification.
D. Names on the company payroll are those of bona fide employees presently on the job.
D. Names on the company payroll are those of bona fide employees presently on the job.
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Environmental forces refer to
A. the marketing manager's controllable forces in a marketing decision involving social, economic, technological, competitive, and regulatory forces. B. the internal strengths of a company that enable the firm to remain competitive. C. the unpredictable or uncontrollable availability of natural resources that can enhance or restrain a company's growth. D. the marketing manager's uncontrollable factors - product, price, promotion, and place - that can be used to solve marketing problems. E. the marketing manager's uncontrollable forces in a marketing decision involving social, economic, technological, competitive, and regulatory forces.
Answer the following statements true (T) or false (F)
1. Gains and losses on the sale of plant assets are always reported as discontinued operations. 2. Discontinued operations are reported without consideration of the income tax effects. 3. A company that reports a discontinued operation item must also report earnings per share for the item. 4. Gains and losses on the sale of plant assets are reported as discontinued operations. 5. A company that reports a discontinued operation must also report earnings per share for this item in the notes to the financial statements.
What benefit does having an anonymous reporting system confer that a simple reporting system beyond the chain of command may not?
a. a greater commitment to loyalty b. freedom from retaliation c. an ability to sidestep a direct supervisor d. the ability to report on coworkers
Possible negative amortization resulting from a rise in the interest rate on a adjustable rate mortgage may be avoided by
A) raising the rate cap. B) lowering the payment cap. C) shortening the term of the mortgage. D) increasing the monthly payment.