List at least five of the countries that make up the European Union.

Fill in the blank(s) with the appropriate word(s).


The EU includes the following countries: Sweden, Finland, Denmark, Ireland, Luxembourg, Netherlands, Germany, Belgium, France, Portugal, Spain, Austria, Italy, Greece, Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia, Bulgaria, Romania, and Croatia.

Business

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Which of the following is the best audit procedure for the discovery of damaged merchandise in an entity's ending inventory?

A. Review the management's inventory representation letter for accuracy. B. Observe the condition of merchandise and raw materials during the entity's physical inventory count. C. Test overall fairness of inventory values by comparing the company's turnover ratio with the industry average. D. Compare the physical quantities of slow-moving items with corresponding quantities of the prior year.

Business

Perfection Company had cost of goods sold of $853,000, ending inventory of $70,500, and average inventory of $71,600. Its inventory turnover equals:

A. 14.0. B. 11.9. C. 1.0. D. 6.0. E. 30.6.

Business

A leveraged lease is more risky from the lessee's standpoint than an unleveraged lease.

Answer the following statement true (T) or false (F)

Business

A central data repository containing information drawn from multiple sources that can be used for analysis, intelligence gathering, and strategic planning is called a ________

A) data warehouse B) data dictionary C) data model D) database shard

Business