A strategic control system is likely to be useful when environmental turbulence is ________ and it is ________ to specify and measure precise strategic objectives
A) high; easy
B) low; difficult
C) high; difficult
D) low; easy
Answer: D
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A CPA concludes that the unaudited financial statements of an issuer on which the CPA is disclaiming an opinion are not in conformity with generally accepted accounting principles (GAAP) because management has failed to capitalize leases. The CPA suggests appropriate revisions to the financial statements, but management refuses to accept the CPA's suggestions. Under these circumstances, the CPA ordinarily would
A. Express limited assurance that no other material modifications should be made to the financial statements. B. Restrict the distribution of the CPA's report to management and the entity's board of directors. C. Issue a qualified opinion or adverse opinion depending on the materiality of the departure from GAAP. D. Describe the nature of the departure from GAAP in the CPA's report and state the effects on the financial statements, if practicable.
The sale or transfer of goods ordinarily held for sale in the course of business is governed in California by
a. the Business Opportunity Code. b. the Commercial Transfer Law. c. the Uniform Commercial Code. d. the Real Estate Law.