Incorrect acceptance is directly related to which of the following?
a. The efficiency of the audit.
b. The ineffectiveness of the audit.
c. The cost of the audit.
d. All of the above.
b
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Douglas decided to order a Deluxe Werewolf mask from a catalog and called the toll-free number. Although the call was answered immediately, the operator took Douglas's information and transferred the call twice to different departments. What bothered Douglas was that he had to repeat his contact information and customer ID number to different operators. The first operator was not trained to handle customer queries. What type of service gap did Douglas encounter?
A. Delivery gap B. Knowledge gap C. Research gap D. Standards gap E. Communication gap
Auditors verify the effectiveness of internal controls.
Answer the following statement true (T) or false (F)
Attachment involves a court-ordered judgment allowing a local officer of the court (e.g., sheriff) to seize property of a debtor
Indicate whether the statement is true or false
Which of the following is true of the exponential smoothing coefficient?
A. It is a randomly generated value between -1 and +1. B. It is small for a time series that has relatively little random variability. C. It is chosen as the value that minimizes a selected measure of forecast accuracy such as the mean squared error. D. It is computed in relation with the order value, k, for the moving averages.