Smith, a retired corporate executive, earned consulting fees of $8,000 and director's fees of $2,000 in 2016. Smith's gross earnings from self-employment in 2016 was

a. $0
b. $2,000
c. $8,000
d. $10,000

Ans: d. $10,000

Business

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Which of the following is not a part of the role of internal auditors?

a. Assisting the external auditors b. Providing reports on the reliability of financial statements to investors and creditors c. Consulting activities d. Operational audits

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