Which statement is correct about terminating the interview?
A) Any spontaneous comments the respondent offers after the formal questions have been asked should be recorded.
B) The interviewer should answer the respondent's questions about the project.
C) The respondent should be left with a positive feeling about the interview.
D) All of the above statements are correct.
D
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The auditor must be independent of the auditee unless:
A. the lack of independence is insignificant. B. the lack of independence does not influence his or her professional judgment. C. both parties agree that the independence issue is not a problem. D. none of the above-the auditor cannot lack independence.
Which of the following is least useful in evaluating a company's financial statements?
a. Comparison with government economic data for the economy as a whole b. Comparison with other companies in the same industry c. Comparison of the company's current period data with accounting data from 5 years ago d. Comparison of the company's current period data with that of the last year
If a neutral or indifferent scale response is possible for at least some of the respondents, ________
A) an even number of categories should be used B) an odd number of categories should be used C) only one category should be used D) the number of categories used is unimportant E) B and C
In preparing closing entries, which of the following columns of the work sheet are the most helpful?
A) Adjusted Trial Balance columns B) Income Statement columns C) Adjustments columns D) Balance Sheet columns