In testing account balances, haphazard sampling is an acceptable method of sampling provided the auditor believes the sample to be which of the following?
a. Statistically sound.
b. Representative of the population.
c. Representative of the sample.
d. In the upper stratum.
b
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The portion of a group purchase of land and a buildup for $648,000 allocated to land, when the land is appraised at $170,000 and the building on the land is appraised at $510,000 is
a. $496,000. b. $162,000. c. $172,000. d. $486,000.
What is the objective of critical path analysis?
What will be an ideal response?
In recent years strategic alliances have declined because of increasing government regulation.
Answer the following statement true (T) or false (F)
Sound Financials Corporation sends daily e-mail ads to its previous customers and those who have opted to receive the notices.Instable Investments, Inc, sends e-mail ads to any e-mail address that Instable can find on the Web or otherwise generate. Refer to Fact Pattern 7-1. In those states with antispam laws, federal law A) prohibits or regulates the use of spam
B) requires the use of spam by business entities. C) bans the use of spam altogether. D) preempts the application of state law to commercial e-mail with certain exceptions.