Discuss the circumstances in which it is desirable to send confirmation requests to the client's vendors
What will be an ideal response?
It is desirable to send confirmation requests to the client's vendors when the client's internal controls are deficient, when vendors' statements are not available, or when the auditor questions the client's integrity.
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Transshipment models are usually less complicated than transportation models
a. True b. False
The department manager using a combination of methods has forecast sales of toasters at a local department store. Calculate the MAD for the manager's forecast. Compare the manager's forecast against a naive forecast covering the same time period
Which is better? Month Unit Sales Manager's Forecast January 52 February 61 March 73 April 79 May 66 June 51 July 47 50 August 44 55 September 30 52 October 55 42 November 74 60 December 125 75