Which measure is limited by the fact that it uses accounting income?
a. ROI
b. RI
c. EVA
d. All of the above
D
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An auditor will usually trace the details of the test counts made during the observation of the physical inventory count to a final inventory schedule. This audit procedure is undertaken to provide evidence that items physically present and observed by the auditor at the time of the physical inventory count are:
A. physically present at the time of the preparation of the final inventory schedule. B. not obsolete. C. owned by the entity. D. included in the final inventory schedule.
Which of the following is a correct possessive pronoun?
A) mines B) your's C) it's D) his
The earnings and losses from a sole proprietorship are reported on ________
A) the federal income tax filing document B) the business license that is renewed each year C) the proprietor's personal income tax filing D) the state income tax filing document
The Supreme Court's decision in Mackay Radio is controversial because the Court stated:
A. Strikers would need to be hired back immediately following a strike B. Employers did not have to discharge strike replacements to make way for strikers to return to their jobs following a strike C. It was legal for employers to use employees to do the work of individuals on strike during an economic strike D. Strike replacements are illegal