Disparate treatment would arise when an employer hires men but not women with school-age children.
Answer the following statement true (T) or false (F)
True
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A problem for a CPA associated with advanced IT systems is that:
A. The audit trail is sometimes generated only in machine readable form. B. The client's internal auditors may have been involved at the design stage. C. Tests of controls are not possible. D. The audit trail normally does not exist.
The most serious problem with unnormalized databases is the
a. update anomaly b. insertion anomaly c. deletion anomaly d. none of the above
Answer the following statements true (T) or false (F)
1. Free cash flow is calculated by adding cash payments planned for investments in long-term assets and cash dividends to the amount of net cash provided by operating activities. 2. Investors who want to know the amount of cash a company has available for new opportunities, such as expanding into a new sales region, should analyze the company's free cash flow. 3. Free cash flow is the amount of cash available from operating activities before paying for planned investments in long-term assets. 4. Many companies use free cash flow to estimate the amount of cash that would be available for unexpected opportunities.
Which of the following is true of the UCC (Uniform Commercial Code)?
A) The UCC aims to create a uniform system of accounting among the 50 states. B) The common law of contracts normally takes precedence over the provisions of the UCC. C) Article 2 of the UCC prescribes a set of uniform rules for the creation and enforcement of rules of taxation. D) Article 2A of the UCC prescribes a set of uniform rules for the creation and enforcement of contracts for the lease of goods.