The __________ of a firm is primarily responsible for the preparation of financial statements in accordance with GAAP

a. the internal auditors.
b. management.
c. the external auditors.
d. the board of directors.


B

Business

You might also like to view...

Which of the following statements is true regarding a value-added reseller?

A) A value-added reseller normally has a much larger number of suppliers. B) Selling through a VAR is more like a supplier relationship. C) Companies selling through VARs rarely have well-established markets into which they can also sell by themselves. D) Marketing managers using VARs also have to have significant branded marketing skills.

Business

Geographical proximity contributes to:

A. the likelihood of trade relationships. B. standardized freight costs. C. distrust and contempt. D. limited knowledge of the country by its neighbors.

Business

Which of the following is a core strategy that can assist in combining aspects of communication?

A. fait accompli B. bluff C. blocking D. both fait accompli and bluff are correct

Business

What is the most accurate statement about apologizing in an adjustment message?

A) If you apologize, use a standard phrase such as We apologize for any inconvenience we may have caused. B) Apologies should be avoided because they are counterproductive. C) People like to hear apologies. It raises their self-esteem, shows the humility of the writer, and acts as a form of "psychological compensation." D) Never apologize in an adjustment message because doing so will set you up for a lawsuit.

Business