On average, out of every dollar spent on compensation, about ___ cents go to benefits

Fill in the blank(s) with the appropriate word(s).

Answer: 30

Business

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Entries to update the general ledger are often documented by which of the following?

A) general journal B) subsidiary journal C) subsidiary ledgers D) journal vouchers

Business

As the amount of misstatements that the auditor believes to be material increases, the auditor is more likely to

A. Change to a larger sample size. B. Use a more effective procedure. C. Direct tests toward independent parties outside the entity. D. Perform tests at interim dates.

Business