A corporation ________.
A) must use the straight-line depreciation method for tax purposes and double declining depreciation method financial reporting purposes
B) can use straight-line depreciation method for tax purposes and MACRS depreciation method financial reporting purposes
C) can use different depreciation methods for tax and financial reporting purposes
D) must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes
C) can use different depreciation methods for tax and financial reporting purposes
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In testing plant and equipment balances, an auditor may physically inspect new additions listed on the summary of plant and equipment transactions for the year. This procedure is designed to obtain evidence concerning management's assertions about classes of transactions and events, and specifically, which assertion?
A. Authorization. B. Occurrence. C. Classification. D. Cutoff.
________ consists of screening questionnaires to identify illegible, incomplete, inconsistent, or ambiguous responses
A) Coding B) Editing C) Validating D) Pretesting E) Transcribing
Madison has decided that she needs to foster relationships among her Jewish customers and her employees. She decides to teach her staff about the different Jewish traditions and some of the commonly used Hebrew words. Madison is broadening which form of diversity?
A. age B. race and ethnicity C. gender D. ability
All of the following should be considered when composing a demographic snapshot EXCEPT
a. age. b. gender. c. eye color. d. socioeconomic background.