One of the causes of poor international competitiveness is that American business decisions are too short-term financial oriented.

When comparing several investments with the same initial cost, the decision should be made on the basis of the ________

A) highest total cash inflows B) longest payback period C) highest NPV D) highest ARR

Which of the following in a predecessor's audit documentation is the auditor least likely to be interested in reviewing?

a. Analysis of noncurrent balance sheet accounts b. Analysis of current balance sheet accounts c. Analysis of contingencies d. Analysis of income statement accounts