An auditor needs to understand a company's internal controls in order to anticipate the types of material misstatements that may occur
a. True
b. False
Indicate whether the statement is true or false
True
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The top management at Lion Manufacturers decides to search its employees on the job. However, Rajat, Lion's HR manager, believes that it could generate privacy issues. Which condition would strengthen Rajat's belief and maximize the likelihood of a lawsuit?
A. if the search includes random legal and permissible searches of desks, lockers, and toolboxes B. if the search is done after asking for the employees' consent C. if the search policy is publicized and applied and carried out consistently D. if the search involves communications, such as e-mails, that are searched without probable cause E. if the search is a random check, and it is clarified that no one has been accused of misdeeds
Identify the interjection in the sentence. Oh, no! When the e-mail went out, it had a really bad virus!
Program ROI is determined by which of the following?
a. Additional profit generated/program investment b. # of customers lost/total # of customers c. # new customers generated/program investment d. # of key customers/total # of customers
Which of the following is true of state action?
a. It includes any actions of the federal government, but not actions of state government. b. It includes any actions of the federal or state government, but not actions of local government. c. It includes only certain actions of state governments as set forth in the Constitution. d. Protections that guard against state action may be extended by statute to apply to private activity.