A state law classifies people by gender. The strict scrutiny test will always be applied
to determine if the action is constitutional.
a. True
b. False
b
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Auditors are concerned with the addresses provided for customers in the confirmation of accounts receivable because of which of the following reasons?
a. Confirmations are selected based upon zip codes. b. A P.O. Box is more reliable than a street address. c. Confirmations should be sent only to business addresses and not residential. d. The address may be routed to the client for retrieval and fraudulent signing.
In the case of a nonmerchant, good faith means honesty in fact as well as the observance of reasonable commercial standards of fair dealing in the trade.
Answer the following statement true (T) or false (F)
A mistake of value warrants contract rescission
Indicate whether the statement is true or false
_____ indicate the cash a firm spends, or other assets it uses up, to carry out the business activities necessary to generate its revenue.
A. Stockholders' equities B. Remissions C. Expenses D. Accounts receivable