An audit firm culture that emphasizes "doing the right thing," encourages auditors to deal with difficult issues in a short period of time

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


False

Business

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The last of Berger’s uncertainty reduction strategies is ______, which is when you go straight to the source in question and ask for as much information as possible.

A. passive B. active C. interactive D. reactive

Business

Ideally, a proposed comprehensive budget should be compared with financial ratios that have been agreed upon as part of the firm's corporate objectives

Indicate whether the statement is true or false

Business

Fixed overhead was budgeted at $84,000 and 10,000 direct labor hours were budgeted. If the fixed overhead volume variance was $3,200 unfavorable and the fixed overhead spending variance was $1,200 favorable, fixed overhead applied must be

A) $85,200 B) $87,200 C) $82,800 D) $82,000 E) $80,800

Business

When using the ranking method of evaluating suppliers:

A) weight and rating of each supplier is multiplied for each factor and the total taken as the ranking of the supplier. B) each supplier is ranked for overall suitability. C) suppliers are rated against each factor. D) important factors are selected and assigned a "weight." E) all of the above are used.

Business