Which of the following statements about external and internal loss-financing techniques is not correct?
A) Self-insurance is a form of internal loss-financing.
B) Risk retention is a form of internal loss-financing.
C) Insurance is a form of external loss-financing.
D) Captive insurance is a form of external loss-financing.
D
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Using gender, age, ethnicity, and income as market segmentation variables is the application of which approach?
A) demographics B) psychographics C) geographic D) polygraphic
Practically all search engine sites, such as Google and Yahoo!, use _____ software, and continue to improve the software to provide more precise and faster responses to queries.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements about rebates is true?
A. Rebates are refunds paid to consumers after a purchase. B. Many consumers think that some sellers make it an unnecessary hassle to claim a rebate. C. Rebates ensure that the final consumer gets a producer's price reduction. D. Many consumers purchase a product because a rebate is offered, but then never request the refund. E. All these statements are true.
Which of the following represents a typical substantive audit procedure for cash balances?
a. Verify material deposits-in-transit to subsequent statements. b. Review cash confirms received by the client from the bank. c. Foot cutoff bank statements provided by the financial institutions. d. Perform kiting techniques to transfer cash between two client accounts.