In-text citations for paraphrases prepared using the APA format include the following:
a. Author's first and last name, and date of publication
b. Author's last name, and date of publication
c. Author's first initial, last name, and date of publication
d. Author's last name, and page number
B
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What are the three broad types of audit procedures? What is the purpose of each test?
Answer the following statements true (T) or false (F)
1. Internships are only beneficial if the intern is hired by the company. 2. Simulation training can be used to prevent failures where the consequences are too great, like a new front desk employee checking in two guests in the same room. 3. E-learning has been proven to be less effective than traditional methods and not cost-effective. 4. Mentorship is basically apprenticeship for executives. 5. Many hotels require general managers to have a full range of experience throughout many departments before being eligible for promotion.
A work sheet contains all of the balances for each account and therefore may be used as a substitute for the set of financial statements.
Answer the following statement true (T) or false (F)
Iowa Cattle Company uses a perpetual inventory system. Iowa purchased cattle from Big D Ranch at a cost of $19,500, payable at time of delivery. The entry to record the delivery would be
a. Purchases ........................... 19,500 Accounts Payable .................. 19,500 b. Inventory ........................... 19,500 Accounts Payable .................. 19,500 c. Purchases ........................... 19,500 Cash .............................. 19,500 d. Inventory ........................... 19,500 Cash .............................. 19,500