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D. Mixed mode input is not accepted
Answer: D
NEW QUESTION: 2
Which of the following would be the best audit procedure to use to determine if a division's unusually high sales and gross margin for November and December were the result of fraudulently recorded sales?
A. Trace a sample of shipping documents to related sales invoices to verify proper billing.
B. Compare sales and gross margin totals with those of the previous ten months and the first month of the following year.
C. Use regression analysis techniques to estimate the sales and cost of goods sold for November and December.
D. Confirm accounts receivable balances with customers.
Answer: D
NEW QUESTION: 3
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D. File servers on your local network won't be visible in the Finder's network browser.
Answer: B
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With regard to the rote of the audit committee which of the following statements are correct? Select ALL that apply
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B. The audit committee should review and monitor the effectiveness of the company's internal audit function
C. The audit committee should engage consultants to carry out business reviews
D. The audit committee should provide arrangements for whistle blowing
E. The audit committee should decide annually whether it needs an external audit function
F. The audit committee should decide annually whether it needs an internal audit function
Answer: B,C,D
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