An example of audit evidence with a medium level of reliability is
A. Scanning.
B. Recalculation.
C. Observation.
D. All of these.
A. Scanning.
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Which of the following replaced the General Agreement on Tariffs and Trade?
A) the World Trade Organization B) the European Union C) the North American Free Trade Agreement D) the World Intellectual Property Organization
At the end of March, Weber Productions' accounting records reveal a balance for cash equal to $21,861. However, the balance of cash in the bank at the end of March is only $4,576. Weber is concerned and asks the company's accountant to reconcile the two balances. Examination of the bank statement and company records at the end of March reveals the following information: NSF checks$6,783 Service fees$195Deposits outstanding7,348 Checks outstanding541In addition, Weber owes one of its suppliers $200. During March, the company's accountant mistakenly wrote the check for $1,200. The check was recorded in the company's records for $200 but processed by the bank for $1,200. Weber has contacted the supplier who has agreed to send a $1,000 refund in April directly to the bank. Finally, a petty
cash fund of $2,500 was established during March. This amount was withdrawn from the checking account but not recorded.Required:1. Calculate the correct ending balance of cash at the end of March.2. Discuss any problems you see with the company's cash procedures. What will be an ideal response?
In third-party dispute resolution, the opinion of a ______ is legally binding.
What will be an ideal response?
A recent poll found that nearly _____ percent of people say that executives make decisions based primarily on advancing their own careers.
A. 10 B. 30 C. 50 D. 75 E. 95