Assume that Mr. Scott concludes, based upon appropriate audit procedures, that Mr. McRae's optimism concerning Computer Credit can be neither substantiated nor disproved and that evidence to form an opinion is not available because of the auditee's record retention policies. His report will include a(n)
A. Disclaimer of opinion.
B. Qualified opinion for the failure to follow GAAP.
C. Other-matter paragraph based on the uncertainty or an adverse opinion.
D. Adverse opinion only.
Ans: A. Disclaimer of opinion.
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Research on the leader-member exchange (LMX) relationship has shown that employees who experienced a high level of LMX with their supervisor were rated:
A) high on performance regardless of objective performance indicators. B) high on performance, but they were low on objective performance indicators. C) low on performance, and were also low on objective performance indicators. D) low on performance, but they were high on objective performance indicators.
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Indicate whether the statement is true or false