Lifestyle profiles look for items that differentiate between users and nonusers of a product
Indicate whether the statement is true or false
TRUE
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The desired corporate image is one that:
A) coincides with the majority of companies within the industry B) highlights the quality of products being sold by the company C) is consistent with the views of management of each company D) sends a clear message about the unique nature of an organization and its products
During the current year being audited, Hitech, Inc. changed from a conventional payroll punch clock to a computerized payroll time system. Factory employees now record time in and out with magnetic cards and the IT system automatically updates all payroll records. Because of this change:
A. the potential for payroll related fraud has been diminished. B. without paper clock cards, part of the audit trail has been altered. C. internal control has improved. D. the auditor must audit through the computer.
What factors will constrain the growth potential of Dyson and Center Parcs now that they are well- established enterprises in their respective sectors? How appropriately are their strategies responding to these constraints?
What will be an ideal response?
Internal control policies and procedures have limitations not including:
A. Establishing responsibilities. B. Human error. C. Human fraud. D. Cost-benefit principle. E. Collusion.