Simple random sampling has been used to obtain a sample of size 60 from a population of size 700 . The sample mean was 500 with a standard deviation of 60
a. Estimate the standard error of the mean.
b. Develop an approximate 95% confidence interval for the population mean.
a. 7.4 (rounded)
b. 458.2 to 514.8
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Burrow & Co., CPAs, have provided annual audit and tax compliance services to Mare Corp. for several years. Mare has been unable to pay Burrow in full for services Burrow rendered 19 months ago. Burrow is ready to begin field work for the current year's audit. Under the ethical standards of the profession, which of the following arrangements will permit Burrow to begin the field work on Mare's audit?
a. Mare sets up a 2-year payment plan with Burrow to settle the unpaid fee balance b. Mare commits to pay the past due fee in full before the audit report is issued c. Mare gives Burrow an 18-month note payable for the full amount of the past due fees before Burrow begins the audit d. Mare engages another firm to perform the field work, and Burrow is limited to reviewing the working papers and issuing the audit report
Which of the following most accurately describes the state of global public relations (PR) today?
A) Expenditures on PR are dropping. B) Expenditures on PR are increasing. C) PR practices are standardized worldwide. D) PR is not important in emerging markets like India. E) Foreign investments are increasing.