An applicant for an insurance license has had a previous application for a professional license denied for cause within the last five years. The insurance commissioner will:
A. Accept or deny the application after an exploratory hearing.
B. Deny the application without a hearing.
C. Accept the application as other licenses have no bearing on this application.
D. Accept the application for a two year provisional license.
Ans: B. Deny the application without a hearing.
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Personnel records contains a great deal of information about employees, but they do not contain any medical information.
a. true b. false
Which of the following statements is correct with regard to the quality or appropriateness of evidential matter?
A) The auditor's direct personal knowledge, obtained through observation and inspection, is more persuasive than information obtained indirectly from independent outside sources. B) Evidential matter must be either valid or relevant but need not be both. C) Internal accounting data alone may be considered sufficient appropriate evidential matter to issue an unqualified opinion on financial statements. D) Appropriateness of evidential matter refers to the amount of corroborative evidence to be obtained.