A coupon for $3.00 off on a package of six golf balls placed on a golf club cover is a:
A) response offer coupon
B) cross-ruffing coupon
C) premium
D) bonus offer
B
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Which of the following is true of the credit crunch that occured in the U.S. economy in the early 1990s?
A. The credit crunch affected only big business firms. B. Small business firms that were unable to obtain bank loans were most affected during the credit crunch. C. The main reason behind the credit crunch was the dramatic decline in housing prices. D. The government bailed out many of the financial firms that were affected by the credit crunch.
Tax accounting is a service offered by public accounting firms that involves tax ________ and tax planning.
Fill in the blank(s) with the appropriate word(s).
Where would you tell someone to find the information needed to compute the cash flow adequacy ratio?
a. the balance sheet only b. the statement of cash flows and the notes to the statements c. the statement of cash flows only d. the income statement only
The best way to obtain documentary evidence is:
a. by chance, accident or tip discovery. b. through computer-based queries of full-population accounting and other databases. c. through interviews and interrogations. d. through traditional audits like discovery sampling.