Which of the following is NOT included in the broad category of assurance services?

A. Reporting on internal control.
B. Operational audit.
C. Accounting or review services.
D. Evaluation of the auditee's risk management framework.


Answer: C

Business

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Which of the following should be classified as a current asset?

A) Supplies B) Trademark C) Equipment D) Land held for future use

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Which of the following are examples of periodic (activity) reports?

A) Sales, accounts payable, and personnel reports B) Trip, convention, and conference reports C) Investigative reports D) Justification/recommendation reports

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Business