Which of the following is not considered when obtaining audit evidence through sampling?
a. The effectiveness of control procedures.
b. The efficiency of control procedures.
c. The dollar accuracy of account balances.
d. The dollar accuracy of classes of transactions.
b
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Which of the following categories of features allows a product/service to be a clear leader in the
market? A) blockbuster B) technology C) parity D) premium
Which of the following types of companies would probably not use job order costing?
A) Car repair shop B) Interior decorator C) Soft drink manufacturer D) Custom cabinet maker
Entrepreneurial angels ____________________.
a. have already successfully started and operated their own businesses b. are usually former business executives looking to use their savings or current income to invest c. are independently wealthy and retired or semiretired, looking to invest their personal capital in startups as a hobby d. have achieved success through their own companies and want to be involved in the ventures they invest in
An operations research analyst for a communications company has the following LP problem and wants to solve it using the simplex method.
Max 50x1 + 20x2 s.t. 2x1 + x2 < 200 x1 + x2 < 350 xl + 2x2 < 275