A title search is conducted

A)

at the closing.
B)

before the closing but after the offer to purchase.
C)

before the offer to purchase.
D)

after the closing.

B

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A subsequent event for an entity with a December 31, 2011, year-end would not include:

A. A change in the estimated useful lives of equipment in January 2012. B. An issuance of bonds in January 2012. C. An acquisition of another company in January 2012. D. A major uncertainty at December 31, resolved in January 2012.

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A double-sampling plan has n1 = 50, n2 = 100, c1 = 2, and c2 = 4. Suppose on the first sample, five defectives were discovered. How many total items will be inspected before a decision is reached?

A) 50 B) 100 C) 150 D) This cannot be determined with the information provided.

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