Distinguish between errors and irregularities. Which do you think concern the auditors the most?
Errors are unintentional mistakes; while irregularities are intentional misrepresentations to perpetrate a fraud or mislead the users of financial statements. Errors are a concern if they are numerous or sizable enough to cause the financial statements to be materially misstated. Processes which involve human actions will contain some amount of human error. Computer processes should only contain errors if the programs are erroneous, or if systems operating procedures are not being closely and competently followed. Errors are typically much easier to uncover than misrepresentations, thus auditors typically are more concerned whether they have uncovered any and all irregularities.
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The pattern in which communication flows in organizations can be referred to as ______.
A. communication linkages B. communication systems C. communication networks D. communication grids
To rebuild a database from a script, if you are using SQL Developer, open the file and click the ____________________ button.
Fill in the blank(s) with the appropriate word(s).
Target customers choosing a particular brand over other brands because of habit or favorable past experience have a brand familiarity level of
A. brand knowledge. B. brand insistence. C. brand recognition. D. brand preference. E. brand positioning.
Which tax form would you select for a Partnership?
A. Form 1120 B. Form 1065 C. Form 1040S D. Form 1120S