If you want to maintain peace at any price, you employ this type of con?ict management style

Which audit procedure would the auditor use to test for the cutoff balance-related audit objective?

A) Review minutes of the board of directors meetings. B) Review the accounts receivable trial balance for large items. C) Use audit software to foot and cross-foot the aged trial balance. D) Select the last 20 sales transaction from the current year's sales journal and the first 20 from the subsequent year's and trace each to the related shipping documents.

On a statement of cash flows, which of the following is a sign of a healthy company?

A) Investing activities include more sales of long-term assets than purchases. B) Financing activities are dominated by borrowing. C) Operating activities are the major source of cash. D) Net cash provided by operating activities is less than net income.