In creating a balanced scorecard, the number of quality defects would belong to which category of performance measures?
a. Learning and Growth
b. Internal Business Processes
c. Customer
d. Financial
b
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If the auditor wants to obtain evidence as to whether the dividend payment was made to the stockholders who owned the stock as of the dividend record date, which of the following would the auditor do?
a. Recalculate the dividends per share. b. Examine the minutes of the board of directors meetings for authorization. c. Trace the payee's name on the canceled check to the dividend records. d. Determine that dividend restrictions are adequately disclosed in the financial statements.
A loan origination fee is a fee paid to the lender, generally in the $1,200 to $1,300 range, and covers some of their costs of processing and finalizing the loan
Indicate whether this statement is true or false.
Law operates best without use of force, as members of society regulate themselves
a. True b. False Indicate whether the statement is true or false
The price at which goods and services are bought and sold between willing sellers and buyers in an arm's-length transaction is called a ________.
A. book value B. fair market value C. disposal value D. replacement value