What is not a typical responsibility of an internal auditor?
A) helping management to improve organizational effectiveness
B) assisting in the design and implementation of an AIS
C) preparation of the company's financial statements
D) implementing and monitoring of internal controls
C
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The distribution of the values of a sample statistic computed for each possible sample that could be drawn from the target population under a specified sampling plan is called the ________
A) confidence level B) sampling distribution C) normal distribution D) standard deviation E) standard values distribution
Which one of the following statements is true about a $1,000, 6% annual coupon bond that is selling for $1,012?
A) The current yield is less than 6%. B) The current yield is 6%. C) The yield-to-maturity is greater than 6%. D) The yield-to-maturity is 6%.