The effort to sell better-quality products is called:
A) upselling
B) cross-selling
C) full-line selling
D) logrolling
E) leveraging
A
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Assuming a 360-day year, the interest charged by the bank, at the rate of 6%, on a 90day, discounted note payable of $100,000 is
a. $6,000 b. $1,500 c. $500 d. $3,000
When bonds are intended to be held to maturity, they are accounted for at
A) fair value. B) cost. C) fair value adjusted for the amortization of their discount or premium. D) cost adjusted for the amortization of their discount or premium.
The effect of one factor in a factorial ANOVA is called the _______.
a.Interaction effect b.Main effect c.Differential effect d.Experimental effect
An auditor decided to issue a qualified opinion on an entity's financial statements because a major inadequacy in its computerized accounting records prevented the auditor from applying necessary procedures. The opinion paragraph of the auditor's report should state that the qualification pertains to ________.
A) inadequate disclosure of necessary information B) the possible effect of the lack of audit evidence on the financial statements C) a departure from generally accepted auditing standards D) a GAAP departure