The employer's contribution to Social Security is 6.20% of the employee's salary

A common reason for calling in a callable bond before its maturity date is that _____.

a. market interest rates increased b. market interest rates decreased c. the stated interest rate on the bond decreased d. the stated interest rate on the bond increased

A substantive test of transactions commonly used to test the completeness objective for acquisitions is "Trace from a file of receiving reports to the acquisitions journal."

Indicate whether the statement is true or false