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    NEW QUESTION: 1
    Gift Center can provide benefits to retailers. Which one of the following statement is NOT a benefit of using Gift Center?
    A. Improve customer satisfaction.
    B. Give more discounts to customers.
    C. Increase sales volume.
    D. Increase customer reach.
    Answer: B

    NEW QUESTION: 2
    In assessing the objectivity of internal auditors, the independent CPA who is auditing the entity's financial
    statements most likely would consider the:
    A. Tests of internal control activities that could detect errors and fraud.
    B. Results of the tests of transactions recently performed by the internal auditors.
    C. Internal auditing standards developed by The Institute of Internal Auditors.
    D. Materiality of the accounts recently inspected by the internal auditors.
    Answer: C
    Explanation:
    Explanation/Reference:
    Explanation:
    Choice "A" is correct. Objectivity is reflected by the organizational level to which the internal auditor reports
    as well as by policies prohibiting audits of areas where the internal auditor lacks independence. In
    assessing the objectivity of internal auditors, the independent CPA who is auditing the entity's financial
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    from external quality reviews (if performed), and from professional internal auditing standards (such as
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    Choice "B" is incorrect. Tests of internal control activities that could detect errors and fraud would not help
    the CPA assess the objectivity of the internal auditor.
    Choice "C" is incorrect. The materiality of the accounts recently inspected by the internal auditors would
    not help the CPA assess the objectivity of the internal auditor.
    Choice "D" is incorrect. Results of the tests of transactions recently performed by the internal auditor would
    aid the auditor in evaluating the internal auditor's competence rather than his or her objectivity.

    NEW QUESTION: 3
    Which of the following descriptions of electromagnetic waves is correct? (Multiple choice)
    A. Electromagnetic wave is a form of motion of electromagnetic field, which is formed by the propagation of changing electromagnetic field in space and requires a propagation medium
    B. The relationship between electromagnetic wave wavelength and frequency is: c=λxf, where c is equal to the speed of light (3*10

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