Which one of the following would be the most effective procedure for discovering material Type II subsequent events?
a. Updating the search for unrecorded liabilities.
b. Resending all bank confirmations returned.
c. Reading of the minutes of board of directors' meetings
d. Surprise cash count at random locations.
c
Business
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Banks can only hold __________ bonds
Fill in the blank(s) with the appropriate word(s).
Business
Which of the following phrases describes the term covenant?
A) an unconditional promise to perform B) a breach of contract C) mutual rescission of a contract D) successive assignments of a right
Business