The most important lesson to be learned from The Great Salad Oil Swindle is that auditors can commit fraud by falsely including inventory that does not exist
a. True
b. False
Indicate whether the statement is true or false
False
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Describe each level in the four-level evaluation method of training: reaction, learning, behaviors, and results.
What will be an ideal response?
Rebecca sees a pair of beautiful silver shoes in a store window. She goes in and tells the shopkeeper, "If I am asked to the prom, I will buy those shoes. Please hold them for me." If the shopkeeper signs a note that says, "Will hold for Rebecca silver shoes, style 1028, size 8," will he have to honor that promise?
a. Yes, and there is a condition precedent to the contract of sale. b. Yes, there is a contract with a condition subsequent. c. No, there is no contract but simply an illusory promise. d. No, a contract is formed after Rebecca is asked to the prom.
A poultry farmer is interested in purchasing an industrial egg tester that can measure weight, albumin height, yolk color, and Haugh units all at the touch of a button
The unit will cost $6900 and is expected to last 10 years at which point it can be sold for $1000 to a farmer in a less stringently controlled egg market. What is the annual depreciation for year 4 under the MACRS method? A copy of Table F.3 is appended to your exam. A) $862 B) $795 C) $737 D) $680
A shopping center that contains stores owned by manufacturers who make a special effort not to conflict with traditional retailers is a(n)
A. strip mall. B. neighborhood shopping center. C. off-price mall. D. lifestyle shopping center. E. factory outlet mall.