A parent company is a company that ________
A) is controlled by another corporation
B) owns a controlling interest in another company
C) is the first to begin operations in an industry
D) has a trading investment in another company
B
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Which of the following factors influence the risk of material misstatement?
a. The business risks. b. Management incentives. c. IT risks. d. All of the above.
A substantive approach using only tests of controls is most commonly used to audit equity accounts
a. True b. False Indicate whether the statement is true or false
On August 1, a $33,600, 9%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest of $13,273.84. The entry to record the first payment on July 31 would include:
A. Debit to Notes Payable of $13,273.84 B. Credit to Notes Payable of $13,273.84 C. Debit to Cash of $13,273.84. D. Debit to Interest Expense of $3024.00. E. Credit to Cash $10,249.84
Explain why marketers need to understand the views of consumers in dealing with the compatibility and complexity of innovations
What will be an ideal response?