The public relations department is the unit in the firm that manages publicity and communications with other groups that are in contact with the company

Go-Go Corporation, a publicly traded company, has three brothers who serve as President, Vice President of Finance and CEO. This situation

A) increases the risk associated with an audit. B) must be changed before your audit firm could accept the audit engagement. C) is a violation of the Sarbanes-Oxley Act. D) violates the Securities and Exchange Act.

Gonzales determined that Company A had an operating cycle of 100 days in 20X2, whereas Company D had an operating cycle of 145 days for the same fiscal year. This means that:

Mary Gonzales is evaluating companies in the office supply industry and has compiled the following information: 20X1 20X2 Company Credit Sales ($) Average Receivables Balance ($) Credit Sales ($) Average Receivables Balance ($) A 5.0 million 1.0 million 6.0 million 1.2 million B 3.0 million 1.2 million 4.0 million 1.5 million C 2.5 million 0.8 million 3.0 million 1.0 million D 0.5 million 0.1 million 0.6 million 0.2 million Industry 25.0 million 5.0 million 28.0 million 5.4 million A. Company D’s inventory turnover is less than that of Company A. B. Company D’s inventory turnover is greater than that of Company A. C. Company D’s cash conversion cycle is shorter than that of Company A.