Which one of the following procedures is not a standard procedure when performing a review?
a. Assess the internal control over financial reporting.
b. Read the financial statements to determine whether they appear to conform to GAAP.
c. Obtain or prepare a trial balance of the general ledger and foot and reconcile it to the general ledger.
d. Trace the financial statement amounts to the trial balance.
a
You might also like to view...
A(n) ______ informative presentation occurs when you invite the audience to learn or discover information about a topic.
a. descriptive b. exploratory c. explanatory d. demonstrative
A manager who requires little or no consultation with her before the team renders and implements a decision is engaging in which decision-making process?
a. Delegation b. Directive c. Joint d. Consultative
Which of the following describes the capabilities and skill sets possessed by a firm that distinguish the firm from its competition?
a. Core competencies b. Business intelligence c. Analytical toolbox d. Managerial levers
Which of the following statements best describes the procedures under the Clean Air Act?
A) The federal government sets and enforces the standards. B) The state governments set the standards; the federal government enforces the standards; if the federal government does not adequately enforce the standards, the states may enforce them. C) The state governments set and enforce the standards. D) The federal government sets the standards; the state governments enforce the standards; if the states do not adequately enforce the standards, the federal government may enforce them. E) Both the federal and state governments set standards and each enforces its own standards.