Auditing exists because users need unbiased information on which to assess management performance and make economic decisions

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following is a form of trade protectionism?   

A. A trade bloc B. A countertrade C. A revenue tariff D. An embargo E. Outsourcing

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The environment is one of the elements in an interpersonal communication model.

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

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When Meredith decides that she no longer wants her Radio Shack stock, she will discover that a related benefit of a corporation is

A. the ease of transfer of ownership. B. its perpetual life. C. limited liability. D. specialized management. E. avoiding double taxation.

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Which of the following statements is true of the range?

A. It is a measure of central tendency. B. It describes the average distance of distribution values from the mean. C. It is the value that appears in a distribution most often. D. It is the distance between the smallest and largest values in a set of responses. E. It is the average squared deviation about the mean of a distribution of values.

Business