It is most accurate to say that channels of distribution provide which of the following?
A) time, place, and ownership utility
B) promotion, product, and place utility
C) time, place, and form utility
D) promotion and form utility
E) time and promotion utility
A
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An Auditor's client is a nonprofit organization. U.S. GAAP for this type of non-profit organization have been clearly defined in the client has followed such practices. the preferred method of reporting on the client adherence to such practices is to
a. Use the phrase "In accordance with accounting principles generally accepted in the United States of America" in the opinion paragraph b. Use the phrase "In conformity with generally accepted accounting practices for a nonprofit organization in the... field" in the opinion paragraph c. Describe the accounting practices and a separate paragraph with appropriate reference thereto in the opinion paragraph d. Make no reference because accounting practices different for each nonprofit organization
Which of the following was not an important change introduced by the Sarbanes-Oxley Act of 2002?
A) new roles for audit committees B) new rules for auditors and management C) new rules for information systems development D) the creation of the Public Company Accounting Oversight Board