Which type of audit evaluates the efficiency and effectiveness of organizational activities?
a. financial statement audit
b. salary audit
c. operational audit
d. compliance audit
e. integrated audit
c. operational audit
Economics
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Which of the following are not characteristics of the S Corporation?
a. Limited Liability b. Profits are taxed only once c. The firm must have more than 100 stockholders. d. All of the above are characteristics of the S Corp.
Economics
Which of the following is most likely to have a negative income elasticity of demand?
a. Overseas vacations b. Fancy restaurant meals c. Day-old bakery products at a discount d. New cars
Economics