In the ________ stage of an operational audit, the auditor measures the actual system against an ideal standard

A) evidence collection
B) evidence evaluation
C) testing
D) internal control

B

Business

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Reading a magazine article about a competitor is a form of secondary research

Indicate whether the statement is true or false

Business

Which of the following is one of the provisions of the Electronic Funds Transfer Act and Regulation E of the Federal Reserve Board?

A) A bank can send unsolicited EFTS debit cards to a consumer only if the cards are valid for use. B) If a customer notifies the issuing bank of a stolen or lost debit card within two days of the loss, the customer's liability is limited to a maximum of $500. C) A bank must provide annual statements of electronic funds transfers to customers who conduct such transactions in a given financial year. D) Other than for a telephone transaction, a bank must provide a customer with a written receipt of a transaction made through a computer terminal.

Business