The report on internal control required by the Sarbanes-Oxley Act of 2002 may be prepared by either management or the company's auditors
a. True
b. False
Indicate whether the statement is true or false
False
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In a merchandising firm, authorization for the payment of inventory is the responsibility of
a. inventory control b. purchasing c. accounts payable d. cash disbursements
All of the following computer packages can be programmed to identify out-of-range values for each variable and print out the respondent code, variable code, variable name, record number, column number, and out-of-range value EXCEPT:
A) MINITAB B) EXCEL C) SPSS D) WORD E) B and D
If a firm consolidates subsidiaries that are not wholly owned, an income statement item is created that is termed:
a. dividend income. b. minority share of earnings. c. equity income. d. extraordinary. e. gain from sale of subsidiary.
An augmented retail strategy for a discounter could be an expected retail strategy for a full-service retailer
Indicate whether the statement is true or false