All of the following statements regarding a work sheet are true except:

A. A worksheet aids in the preparation of financial statements.
B. A worksheet is not useful in planning and organizing an audit of financial statements.
C. A worksheet helps in preparing interim financial statements.
D. A worksheet reduces possible errors when working with many accounts and adjustments.
E. A worksheet shows the effects of proposed or "what-if" transactions.


Answer: B

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A culture in which individualism is discouraged would be described as ______ in nature.

a. ethnocentric b. collective c. loose d. dual

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Which technique is used to evaluate cost trade-offs among various options?

a. Linear regression b. Break-even analysis c. The House of Quality d. Performance Analysis

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A ______ results from the pursuit of personal and national wealth, which leads to the depletion of energy resources and damage to the natural environment.

A. nonlocal orientation B. dilemma of the commons C. cultural homogeneity D. cultural convergence

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Which is correct?

a. This paper is more perfect. b. This paper is perfect.

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