What is standard typeset spacing after a period?
a. one space
b. two spaces
c. .2 inches
d. .25 inches
a
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Which of the following is not included in the scope of services performed in internal auditing by a CIA?
a. Assurance and consulting. b. Operations analysis. c. Operational efficiency reviews. d. Internal control analysis. e. They are all included in the scope of services.
During the year, The Mound Company purchased $1,920,000 of inventory. The cost of goods sold for the year was $1,800,000 and the ending inventory at December 31 was $360,000 . What was the inventory turnover for the year?
a. 6.0 b. 5.0 c. 5.3 d. 6.4
Which country has the oldest professional accounting organizations?
a. The UK b. The US c. France d. Germany
If an asset is sold above its book value, the selling company records a loss.
Answer the following statement true (T) or false (F)