An auditor's review of the repair expense to identify any capital expenditures is a test related to which management assertion?
a. Existence
b. Completion
c. Valuation
d. Rights and Obligation
b
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Answer the following statements true (T) or false (F)
1.Women are more likely to describe themselves as being empathic than are men. 2.By questioning and paraphrasing, you check your perception and ensure that you accurately comprehend how the person feels. 3.Listeners who don’t care about those they interact with often engage in pseudo-listening. 4.Apprehensive listeners are fearful, psychologically adjusting themselves to messages that others send to them. 5.Men and women listen for different reasons. Men hear a message’s emotional content while women hear the facts.
Which situation violates the segregation of functions control procedure?
a. production planning and control is located apart from the work centers b. inventory control maintains custody of inventory items c. cost accounting has custody of and makes entries on cost records d. work centers record direct labor on job tickets
Unearned rent would normally appear on the balance sheet as a
a. plant asset. b. current liability. c. long-term liability. d. current asset.
Caden is asked to deliver a prewritten speech exactly as written to workers at five of his company’s manufacturing plants. His initial thought is that this will be easy because he won’t have to write the speech himself. He reads the speech to the first audience, and he receives a message from his boss saying the top management at the plant was not impressed with his unenthused delivery. What advice would you give Caden to help him improve, knowing what you know about manuscript delivery?
What will be an ideal response?