A computer operator was in a hurry and accidentally used the wrong master file to process a transaction file. As a result, the accounts receivable master file was erased. Which control would prevent this from happening?
a. header label check
b. expiration date check
c. version check
d. validity check
A
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While browsing the Internet, a consumer encounters a new pop-up ad every time a new page is opened. This is an example of:
A) advertising effectiveness B) perceptual distortion C) clutter D) brand parity
The audit client's board of directors and audit committee refused to take any action with respect to an immaterial illegal act which was brought to their attention by the auditor. Because of their failure to act, the auditor withdrew from the engagement. The auditor's decision to withdraw was primarily due to doubts concerning:
A. compliance with the statutory laws and regulations. B. the integrity of management. C. adequate financial statement disclosures. D. scope limitations resulting from their inaction.
Which of the following is not one of the independent auditor's objectives regarding the examination of inventories?
A. Ascertaining the physical quantities of inventory on hand. B. Verifying that inventory counted is owned by the entity. C. Verifying that all inventory owned by the entity is on hand at the time of the count. D. Verifying that the entity has used proper inventory pricing.
Annette contemplates enacting stricter sanctions and punishments for violations of safety standards at The Burger Joint. Alternatively, she considers implementing a reward system, such as bonuses or vacation time for low injury rates. This step of the decision-making model is
a. Generate multiple alternatives b. Identify and weigh decision criteria c. Choose, implement and evaluate the best alternative d. Rate alternatives on the basis of decision criteria