When defining the population,
A) it may be necessary to define separate populations for different audit procedures.
B) the auditor may generalize only about the population that has been sampled.
C) auditors can define the population to include any items they want.
D) all of the above
D
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A lender charges an additional fee of 1/8% per annum for processing loans to non-English speaking applicants since the lender must hire non-English speaking employees to communicate with these borrowers. This would be considered:
a. good business practice b. an unethical business practice as defined in the UCC c. legal in the lender must pay higher wages to accommodate the non-English speaking clients d. a form of illegal discrimination
A coupon is a price reduction offer to a consumer
Indicate whether the statement is true or false