Which input control check would detect a posting to the wrong customer account?
a. missing data check
b. check digit
c. reasonableness check
d. validity check
B
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Types of Audit Opinions For each of the following independent situations, determine the type of opinion that will most likely be issued by the firm auditing the financial statements of a U.S. company. 1 . The client will not allow the auditor to view
the minutes for the entire year under audit and beyond. 2 . The auditor finds that the firm is not independent of the client on the last day of fieldwork. 3 . The client declines to include a statement of cash flow in the financial statements. 4 . The client fails to record an immaterial amount of insurance paid in advance as an asset. 5 . The client does not record impairment of goodwill and will not depreciate property and equipment. Both are considered very material. 6 . There is substantial doubt about the client's ability to continue as a going concern.
Boris has a high need for achievement, as that need is described by acquired needs theory. Which of the following actions by his boss is most likely to motivate Boris?
a. ask him to take on several more customers in addition to those he already has b. discuss strategies for him to increase his sales by 10% next month c. request that he help Vivian complete her monthly report before next week d. assign him a task that several other employees have failed to complete
If you are sued for monetary losses resulting from bodily injury incurred in an auto accident youIf you are sued for monetary losses resulting from bodily injury incurred in an auto accident you are protected under the are protected under the
A) liability section of your auto policy. B) medical payments section of your auto policy. C) collision coverage of your auto policy. D) other-than-collision coverage of your auto policy.
How does compound interest differ from simple interest?
What will be an ideal response?