Arthur Andersen was convicted of what crime in relation to its work on Enron?

a. Conspiracy
b. Obstruction of justice
c. Mail fraud
d. All of the above


.B

Business

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Which of the following is not an example of a processing control?

a. hash total. b. record count. c. batch total. d. check digit

Business

After an audit report is issued, the auditor discovers through a peer review that an important audit procedure has been omitted. In this case, what should the auditor do?

a. Notify all parties known to be relying on the report. b. Immediately request the client recall the report. c. Contact his or her professional liability insurance carrier. d. Determine whether the report can still be supported in light of the omitted procedure.

Business

Most documents that convey ____________________ information are formal

a. negative or unpleasant b. private or sensitive c. speculative or researched d. factual or industrial

Business

The Federal Consumer Credit Protection Act:

a. Sets limits on garnishment proceedings. b. Requires creditors to disclose finance charges. c. Does not yet require disclosure on credit extension charges. d. Requires creditors to disclose finance charges but does not require disclosure on credit extension charges. e. Sets limits on garnishment proceedings. and also requires creditors to disclose finance charges.

Business