Supporting schedules

A) must be prepared by the auditor.
B) make up the largest portion of audit documentation.
C) must consist of either reconciliation of amounts or substantive analytical procedures.
D) all of the above

B

Business

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Members of a society cannot influence businesses to contribute to change

Indicate whether the statement is true or false

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Danny LaBarbera made a contract to buy a vintage car from Dupree Bolton for $20,000. He had already arranged to resell the car to a collector for $30,000. Dupree backed out of the deal, and Danny was unable to find a replacement. Danny sues Dupree

What are his damages? A) $10,000. This will place Danny in the same position as if the contract had been fulfilled. B) $20,000. This will satisfy Danny's expectation interest. C) $30,000. This is what Danny expected to receive from his collector D) Zero. Danny is no worse off than he was before the breach, since he didn't pay Dupree any of the $20,000. E) $5,000. Danny was obliged to mitigate his damages.

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