Which of the following is not true?
A. The auditor should not communicate with management until the audit of internal control over financial reporting is finished.
B. If fraud is discovered, the auditor must report it to the appropriate level of management.
C. Written communication between the auditor and management about internal control over financial reporting should include the definitions of control deficiencies, significant deficiencies, and material weaknesses.
D. The auditor should not include in the audit report that no significant deficiencies were noted during an audit of internal control over financial reporting.
Answer: A
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Based on Exhibit 1.9, which of the following is listed in the text as a component of managing risk when assembling a team in business development?
a. Analyzing any covenants not to compete b. Purposefully refusing to address issues such as sexual harassment c. Informing employees that e-mail communications are not discoverable d. Ignoring whistleblower protection
Which evaluation criteria is an organization using that prioritizes its projects by giving priority to those projects that are in line with the organization's strategic goals and objectives?
A. Strategic analysis. B. Strategic alignment. C. Strategic availability. D. All of the above.
Beacon Roofing's bank statement shows a bank balance of $43,267. The statement shows a bank service charge of $80 and a note collection of $790 on Beacon Roofing's behalf. Beacon Roofing's book balance should be adjusted by a total of:
A) +$870. B) +$790. C) +$710. D) -$710
Which of the following is a critical issue in sustainable development?
a. Labor and legal problems b. Energy consumption/production c. Countertrade d. Supply base optimization