Unreturned positive confirmations for accounts receivable warrant which of the following actions?
a. Replacing the sample selection with a new customer.
b. Sending second requests and possibly performing subsequent procedures.
c. The projection of larger misstatements to the population.
d. Requesting that the client send additional audit correspondence to customers.
b
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If an instrument meets all of the formal requirements required for negotiability, ________.
A. it is negotiable even though it is void or unenforceable for other reasons B. it is nonnegotiable if uncollectible C. its validity is automatically conferred D. it cannot be held by a person who had no notice of certain defenses against payment
Which of the following statements is true of the Clean Air Act?
A. It requires the Environmental Protection Agency to regulate the emission of toxic air pollutants. B. It includes repair and replacement activities as well as increases in hours of production in the definition of modification. C. It excludes vinyl chloride, benzene, and radionuclides. D. It requires that industrial facilities undergo major physical changes that result in significant increases in emissions of air pollutants.
Which of these is an example of problem-focused coping?
A. dwelling on less annoying aspects of the daily events B. talking to a friend to release pent-up emotions C. taking time out to listen to some music D. maintaining a positive outlook E. seeking the assistance of a supervisor
Which of the following can be used to finance a small business?
A) borrowing from other individuals B) using cash generated from current sales C) using one's own savings D) borrowing money from financial institutions E) all of the above