A state auditor who is expected to deliver quality, individualized service to state offices and departments while at the same time finishing jobs as quickly as possible is experiencing a(n) ________ tradeoff:
A. Customization/standardization
B. Client/organization
C. Demand/supply
D. Quality/productivity
E. Inclination/competency
Answer: D
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Before applying substantive procedures to the details of asset and liability accounts at an interim date, the auditor should:
A. consider the ability of the auditor to perform appropriate substantive procedures to cover the remaining period. B. select only those accounts which can effectively be sampled during year-end audit work. C. consider the compliance tests that must be applied at the balance sheet date to extend the audit conclusions reached at the interim date. D. investigate significant fluctuations that have occurred in the asset and liability accounts since the previous balance sheet date.
Zappos faced a problem in 2009 when the board wanted management to focus more on sales volume than company culture and employee benefits. The founder of the company resolved the issue by
a. promote sales in discount stores b. resign his position and let new management accommodate the board c. sell the company to a t-group of venture capitalists who understood the value of corporate culture d. selling the company to Amazon, with their assurance he could continue along the existing path e.hire more marketing and sales personnel
Which of the following is the main factor that has led to the explosion of available data about customers?
a. The increased number of customers b. The increased number of purchases by customers c. The increase number of records due to automatic capture of customer transactions d. Increased customer feedback via online surveys
Using Table 7.9, what is the difference, in dollars, between the minimum-time schedule and the schedule created by crashing all activities to their limits? Assume that there are no indirect or penalty costs
A) less than or equal to $1,000 B) greater than $1000 but less than or equal to $2,000 C) greater than $2000 but less than or equal to $3,000 D) greater than $3,000