An auditor can issue a disclaimer of opinion because of an inability to obtain sufficient appropriate evidence
a. True
b. False
Indicate whether the statement is true or false
True
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The lawfulness of all government classifications that do not involve suspect or protected classes is examined using a(n) ________ test.
A. strict scrutiny B. intermediate basis C. due process D. rational basis
In the context of issuing and trading securities, briefly discuss the primary and secondary markets.
What will be an ideal response?
Under the International Emergency Economic Powers Act, the President may:
a. seize foreign assets held in US banks. b. control the transfer of goods and securities to and from the US. c. impose a trade embargo against a foreign country. d. All of the above
Suppose that simple exponential smoothing with 
is used to forecast monthly wine sales at a liquor store. After April's demand is observed, the forecasted demand for May is 4500 bottles of wine.
(A) At the beginning of May, what is the forecast of July’s wine sales? ? (B) Suppose that actual demands during May and June are as follows: May, 5000 bottles of wine; June 4000 bottles of wine. After observing June’s demand, what is the forecast for July’s demand? ? (C) Based on the data from (B), the demands during May and June average (5000+4000)/2 = 4500 bottles per month. This is the same as the forecast for monthly sales before we observed the May and June data. Yet after we observe the May and June demands for wine, our forecast for July demand has decreased from what it was at the end of April. Why? What will be an ideal response?