The size of the firm should dictate the scope of the sales training program

Indicate whether the statement is true or false

FALSE

Business

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Nancy sends out New Year's cards to a number of people she doesn't know, and several of them respond by sending her a New Year's card. This is an example of

What will be an ideal response?

Business

During the process of confirming receivables as of December 31, Year 1, a positive confirmation was returned indicating the "balance owe as of December 31 was paid on January 9, Year 2" The auditor would most likely

a. Determine whether any changes in the account occurred between January 1 and January 9, Year 2. b. Determine whether a customary trade discount was taken by the customer c. Reconfirm the zero balance as of January 10, Year 2 d. Verify that the amount was received

Business