Using bullets that do not align, different fonts, and other inconsistencies in design techniques are _____ errors
A) systematic
B) grammatical
C) format
D) usage
E) typographical
Answer: C
Explanation: C) Format errors are inconsistencies in design techniques within a document, such as including both indented and block-style paragraphs, bullets that do not align correctly, and differences in font sizes or styles.
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Which one of the following best defines an external event in terms of accounting?
a. A measured event that must be recognized. b. An event recognized in a set of financial statements. c. A happening of consequence to an entity. d. An interaction between an entity and its environment.
A slide projector purchased by Cobin Industries is expected to last 7 years. The purchase price was $13,780. The trade-in value is $2,300. Using the sum-of-the-years' digits depreciation method, calculate the accumulated depreciation at the end of year 3.
A. $4,921.43 B. $7,380.00 C. $8,858.57 D. $6,400.00
Directional testing Explain the meaning of "directional testing" and identify the reasons why directional testing leads to audit efficiency. Give examples of directional testing for the existence and completeness assertions
Positioning analysis may lead a firm to segmenting, rather than combining.
Answer the following statement true (T) or false (F)