Which of the following is not a required communication with the audit committee?
a. Auditor's responsibility under GAAS.
b. Analytical review.
c. Audit adjustments.
d. Uncorrected misstatements.
b
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Which of the following terms characterizes the time period between the investment of cash in merchandise and the collection of cash from the sale of that merchandise?
a. Operating cycle b. Natural business year c. Accounting period d. Fiscal period
Interpersonal communication is a ______ process, meaning that it is ongoing and in a constant state of flux.
Fill in the blank(s) with the appropriate word(s).
Which act protects rehabilitated alcohol and drug abusers from discrimination in employment?
A. The Rehabilitation Act B. The Americans with Disabilities Act C. The Occupational Safety and Health Act D. The National Labor Relations Act
Fixit Co, a four-person business, employs Wesley as a full-time mechanic. One day while welding a frame modification on a sports car, Wesley paid no attention to a clearly visible oil leak dripping from the engine compartment of the car. The welding torch ignited the oil causing a fire in which Wesley was badly burned. Which of the following BEST describes the rights of the parties?
A) Fixit is liable to Wesley under a workers' compensation statute despite the fact Wesley may have been contributorily negligent when he ignored the oil leak. B) Wesley cannot recover workers' compensation since federal law requires that an employer have at least 15 employees before he must provide workers' compensation benefits. C) Fixit is not liable to pay Wesley workers' compensation since Wesley fell below a recognized standard of care by auto mechanics. D) Wesley cannot recover workers' compensation benefits, but can sue Fixit for failing to provide a safe working environment.