The financial statement assertions that relate to a client's classes of transactions include all of the following except

A. Occurrence.
B. Materiality or risk.
C. Completeness.
D. Cutoff.

Ans: B. Materiality or risk.

Business

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Everyone on the virtual project team agreed to respond to e-mail within 24 hours of receipt, and this:

A) Conflict resolution process assured the project team of success. B) Augmented communication assured the project team of success. C) Code of conduct assured the project team of success. D) Heuristic assured the project team of success.

Business

In designing a process, which of the following needs to be considered?

A) the volume to be produced B) the desired quality level C) the degree of customer involvement D) all of the above E) none of the above

Business