Which of the following is false regarding the use of an audit checklist for disclosures?

a. It is a convenient documentation format.
b. It reminds the auditor of matters that should be considered for disclosure.
c. It can be organized to include relevant professional guidance.
d. It covers all potential unusual circumstances.


d

Business

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The mailing of disbursement checks and remittance advices should be controlled by the employee who:

A. verified the mathematical accuracy of the vouchers and remittance advices. B. approved the vouchers for payment. C. signed the checks last. D. matched the receiving reports, purchase orders and vendors' invoices.

Business

A buttery spread designed to help lower cholesterol levels is a product with a number of new competitors entering the market. This product is most likely in the introduction stage of its product life cycle

Indicate whether the statement is true or false

Business

The first step in creating a human resource information system (HRIS) is to develop a deep understanding of top management's long-term goals and objectives in order to create buying criteria for a long-term solution.

Answer the following statement true (T) or false (F)

Business

"Business-linked" HR functions begin with identifying major people outcomes.

Answer the following statement true (T) or false (F)

Business