Personal messages such as condolence letters and congratulatory letters are never appropriate in the workplace
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Condolence letters are brief personal messages written to comfort someone after the death of a loved one. You may have occasion to offer condolences to employees or other business associates (when the person has lost a family member) or to the family of an employee or business associate (when that person has died). One prime opportunity for sending goodwill messages is to congratulate individuals or companies for significant business achievements–perhaps for being promoted or for attaining product sales milestones.
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Horizontal analysis is appropriately performed
a. only on the income statement. b. only on the balance sheet. c. only on the statement of retained earnings. d. on all three of these statements.
Which of the following items are registered audit firms not required to report to the audit committee?
a. Critical accounting policies and practices. b. Alternative treatments of financial information within generally accepted accounting principles that have been considered by management, as well as the preferred treatment of the audit firm. c. A list of all audit procedures performed. d. Significant written communications between the audit firm and management.