If Puffins Turnovers, Inc., has an inventory turnover ratio of 73 times, then its average days in inventory must be ________

Jamir is an agent for Assured Insurance. He visits Ada, a prospect, in her home. He arrives with business cards, sample policies from Assured, and an Assured rate book. He recommends Assured policies that can meet Ada's needs for insurance. Which of the following terms describes the kind of authority that Jamir has in this situation?

A) Implied B) Express C) Binding D) Apparent"

CPAs within each state have formed state societies or associations of CPAs. Which of the following statements about these associations is FALSE?

a. Most associations have their own codes of professional ethics that closely parallel the AICPA Code of Professional Conduct b. The state societies are independent of the AICPA c. All CPAs in the state must be members of the state association or society d. Members of state associations may also be members of the AICPA