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NEW QUESTION: 1
Auditors try to identify predictable relationships when using analytical procedures. Relationships involving
transactions from which of the following accounts most likely would yield the highest level of evidence?
A. Advertising expense.
B. Accounts receivable.
C. Payroll expense.
D. Accounts payable.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. Auditors try to identify predictable relationships when using analytical review
procedures. Payroll expense is predictable because it is based on objective information (number of
employees and pay rates). It can generally be computed directly by the auditor.
Choices "A", "B", and "C" are incorrect. These account balances are less predictable because they are
affected by other factors. Payable and receivable balances can be affected by cash payments or receipts;
advertising expense is subject to management discretion.
NEW QUESTION: 2
Cinfy, an electronic appliances manufacturer, sells 30 pizza ovens, 60 coffee makers, and 90 sandwich toasters per day. Despite warnings from analysts, Cinfy hikes prices of its toasters from $150 to $180, and toaster sales fall by 40%. After this pricing strategy backfires, Cinfy decides that a 10% drop in demand is acceptable, but not more. Assuming that the elasticity of demand for the toasters remains constant, what is the maximum price hike that Cinfy can afford without letting the sales drop by more than 10%?
A. $9
B. $15
C. $2.50
D. $7.50
E. $5
Answer: D
NEW QUESTION: 3
展示を参照してください。
どのルートタイプがインターネットに到達するように設定されていますか?
A. floating static route
B. default route
C. host route
D. network route
Answer: B
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