A(n) ________ contract is stated orally or in written words
A) express
B) implied-in-law
C) implied-in-fact
D) quasi
A
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The standards of competence, independence, and due professional care are covered by which section of the generally accepted auditing standards?
a. General standards. b. Standards of fieldwork. c. Reporting standards. d. None of the above.
Authorization for payment of an accounts payable liability is the responsibility of
a. inventory control b. purchasing c. accounts payable d. cash disbursements
The text mentions several common approaches to use when developing a strategy to close a capacity gap (where utilization of a resource exceeds capacity available). Which of the following is not among the common approaches mentioned?
A. New construction B. Subcontracting with other hospitals C. Transferring capacity from other units D. Increasing capacity through overtime E. Bottleneck reduction
Analysis of nonfinancial data is important to the management accountant because
a. financial data are usually irrelevant. b. nonfinancial data lend themselves more to computer analysis than do financial data. c. managers make many decisions based solely on nonfinancial data. d. nonfinancial data are easier to work with than financial data.