State the threshold considerations required for an Environmental Impact Statement
What will be an ideal response?
An Environmental Impact Statement (EIS) is required when three elements are present. First, the action in question must be federal, such as the grant of a license, the making of a loan, or the lease of property by a federal agency. Second, the proposed activity must be major, that is, requiring a substantial commitment of resources. Finally, the proposed activity must have a significant impact on the human environment.
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In designing written audit programs, an auditor should plan specific audit procedures to test:
A. Timing of audit procedures. B. Selected audit techniques. C. Cost-benefit of gathering evidence. D. Management assertions.
Which organizational pattern uses a five-step process to persuade an audience?
a. Monroe’s Motivated Sequence b. problem-cause-solution c. topical d. chronological
The use of normal costing means that actual overhead costs are not assigned directly to jobs
Indicate whether the statement is true or false
Which of the following budgets are not considered when preparing a cost of goods sold budget?
a. direct materials budget b. direct labor budget c. finished goods budget d. selling budget e. All of the answers are considered.