In which stage of group development does the group focus its attention on wrapping up activities instead of task performance?

A) storming
B) adjourning
C) forming
D) norming

Answer: B

Business

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Porterhouse Company incurs both fixed and variable production costs. Assuming that production is within the relevant range, if volume goes up by 28%, then the total variable costs would ________

A) increase by 28% B) remain the same C) increase by an amount less than 28% D) decrease by 28%

Business

A client makes test counts on the basis of a statistical plan. The auditor observes such counts as are deemed necessary and is able to become satisfied as to the reliability of the client's procedures. In the reporting on the results of the audit the auditor

a. Can express an unmodified opinion b. Must comment in the auditor's responsibility section as to the inability to observe year end inventory c. Is required to disclaim an opinion if the inventories were material d. Must qualify the opinion if the inventories were material

Business