A customer complaint can be positive.
Answer the following statement true (T) or false (F)
False
Rationale: The analysis of complaints may uncover possible weaknesses in product quality and/or customer service.
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Inherent risk includes sampling risk and detection risk.
Answer the following statement true (T) or false (F)
Which of the following statements is true regarding vertical analysis?
a. Common-size financial statements can be used to compare businesses of different sizes. b. Vertical analysis can only be used with balance sheet accounts. c. Vertical analysis can only be used with income statement accounts. d. Vertical analysis can only be used with retained earnings accounts.
Mantra Oil Inc. indorses a check "Pay Habib Coal Corp. only if it delivers 1,000 tons of coal by September 30, 2014." Under Revised Article 3 of the Uniform Commercial Code, this is a ________ indorsement.
A. qualified B. restrictive C. blank D. conditional
Explain the practice of redlining and why it is criticized
What will be an ideal response?