Using the deductive outline helps subordinate the refusal in a bad-news message so that the reasons get the deserved emphasis

Indicate whether the statement is true or false


False

Business

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An accounts receivable account balance is $500,000 and the auditor determines a sample size of 30 would provide adequate assurance. The auditor plans to use a monetary-unit sampling plan with systematic sample selection. The auditor notices that there are six customer accounts of at least $15,000 and would like the systematic selection technique to select all items that are at least $15,000, even if that means the sample size is slightly larger than 30. To achieve the auditor's objectives, the sampling interval should be:

A. 20. B. 15,000. C. 16,666. D. 6.

Business

The main difference between the UCC requirement for a writing for a contract for the sale of goods and the common-law rule is that the

a. UCC requires the signature of only one party. b. UCC does not require all the terms of the agreement to be in writing. c. common-law requires only an indication that the parties reached an agreement. d. common-law requires only the signature of the defendant and the quantity of goods being sold.

Business

In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:? Net income for the year was$80,000?Accounts payable decreased by 32,000?Accounts receivable increased by 39,000?Inventories increased by 19,000?Depreciation expense was 58,000?Net cash provided by operating activities was:

A. $112,000. B. $48,000. C. $150,000. D. $80,000. E. $74,000.

Business

When a FTC trade regulation rule is finalized it becomes part of the:

a. Federal Register b. Code of Trade Regulations c. Code of Federal Regulations d. Code of State Regulations e. Federal Trade Regulation Code

Business