Which of the following is included in the numerator of the acid-test ratio?
A) cash including cash equivalents, inventory, short-term investments, net current receivables
B) accounts receivable and inventory
C) cash including cash equivalents, short-term investments, net current receivables
D) total current assets
C) cash including cash equivalents, short-term investments, net current receivables
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An auditor selects a sample from the file of shipping documents to determine whether invoices were prepared. This test is performed to assess the assertion of:
A. occurrence. B. completeness. C. authorization and accuracy. D. cutoff.
Which level of measurement has order and distance?
A) scientific B) open-ended C) metric D) categorical E) elemental
A ______ can be executed to see the records of diverse group hiring and efforts made to help the groups succeed.
a. human resource audit b. corporate culture audit c. hiring audit d. diversity audit
Cami has noted that her industrial processing company is dumping toxic chemicals into a nearby river but hiding the action through bookkeeping tricks. She has ample evidence of the behavior and is ready to make her first move by calling a government whistleblower hotline. But when she consults an attorney, she is advised not to make the call yet. What did the attorney likely tell her?
a. Whistleblowing should be limited to financial services fraud. b. Whistleblowing should not be pursued in this case because Cami is likely to lose her job. c. Cami has not yet demonstrated that the behavior is causing direct harm to people. d. Cami has not yet tried to communicate her concerns to anyone inside the company.