Which of the following audit procedures does not address the rights, presentation and disclosure assertion for pledged, discounted, assigned, and related-party accounts receivable?
a. Review work performed in other audit areas.
b. Inquire of management.
c. Review adequacy of allowance for doubtful accounts.
d. Review loan agreements.
c
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Allegheny Community College operates four departments. The square footage used by each department is shown below.DepartmentSquare FootageAccounting 3,000 Marketing 4,000 Technology 6,000 Sciences 3,000 Total 16,000 Allegheny's annual building rental cost is $320,000.What amount of rent expense that should be allocated to the Technology Department?
A. $120,000 B. $192,000 C. $80,000 D. $60,000
A premium reduces the interest expense of a bond over its life.
Answer the following statement true (T) or false (F)
Contemporary approaches to strategic control rely primarily on
A. single-loop learning. B. comparative learning. C. feedback controls. D. double-loop learning.
A marketing plan
A. is a combination of several marketing strategies. B. must cover a one-year period. C. includes the time-related details for implementing a marketing strategy. D. consists of a target market and an appropriate marketing mix. E. All these answers are correct.