Functions of administrative agencies include all but which of the following?
A) rulemaking
B) mediation of private disputes
C) informal advising of individual businesses and consumers
D) issuance of guidelines for the business community and others as to what activities are legal in the eyes of agency staff
B
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Ingrid, Bridgit, and Manuel want to start a business selling used computers. Which of the following statements respecting their possible business name is true?
A) They can use the name "I.B.M. Used Computers" because they are using the initials of their own first names. B) They cannot use the name "I.B.M. Used Computers" because they are not incorporated. C) They can use the name "I.B.M. Used Computers" if they apply to incorporate the business. D) They can use the name "I.B.M. Used Computers" if they register the name as a partnership. E) They cannot use the name "I.B.M. Used Computers" because it would likely mislead the public.
Discuss the audit procedures performed when testing the detail tie-in objective for accounts receivable, and explain why this objective is ordinarily tested before any other objectives for accounts receivable
What will be an ideal response?