In Microsoft Access, which one of the following is used to save sets of instructions for retrieving
database data?
A) Modules B) Queries C) Macros D) Forms
B
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What is the correct classification of the account: Discount on Notes Payable?
a. an asset b. an expense c. a revenue d. a contra liability
The future value of $50,000 deposited today and compounded quarterly at an 8% annual interest rate for seven years is
A) $57,434. B) $87,051. C) $85,691. D) $78,000.
Which of the following is not an item reviewed by the auditor to test the client's assertion related to the presentation and disclosure of inventory?
a. The inventory valuation methods used. b. The amount of obsolete inventory on hand. c. The existence of contingent losses associated with long-term purchase commitments. d. The classification of inventory as raw material, work in process or finished goods.
Which outcome is considered to be the worst reaction to an influence tactic?
A. compliance B. resistance C. adherence D. commitment