Which of the following is not an appropriate statement of an audit objective for an assurance engagement of accounts payable.
a) To evaluate whther assurance that expense payments are made accurately and timely.
b) To determine whether operating expenses are appropriate and authorized.
c) To recommend that the accounts payable processing be outsourced.
d) To assess whether the expense report submission, approval and payment process controls are effective and efficient.
Ans: c) To recommend that the accounts payable processing be outsourced.
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Marketing is pervasive in most developed economies due to:
A) large disposable income. B) increased competition. C) increased consumer awareness. D) intense economic activity.
________ advertising aims to create brand awareness and knowledge of new products or new features of existing products
A) Informative B) Corporate C) Reinforcement D) Persuasive E) Reminder