The one-year loan rate for individuals is usually about the same as the one-year CD rate

Indicate whether the statement is true or false.

Answer: FALSE

Business

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In confirming accounts receivable, an auditor decided to confirm customers' account balances rather than individual invoices. Which of the following most likely will be included with the client's confirmation letter?

a. An auditor-prepared letter explaining that a nonresponse may cause an interference that the account balance is correct b. A client-prepared letter reminding the customer that a nonresponse will cause a second request to be sent c. An auditor-prepared letter requesting the customer to supply missing and incorrect information directly to the client d. A client-prepared statement of account showing the details of the customer's account balance

Business

The marketing department within an organization relies entirely upon internal resources to develop the information needed to make marketing decisions

Indicate whether the statement is true or false

Business