« previous next »

Author Question: The updating of accounts is called the adjusting process. a. True b. False Indicate whether ... (Read 21 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jul 5, 2018
The updating of accounts is called the adjusting process.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

A material weakness in internal control is a significant deficiency, or combination of significant deficiencies, that results
 
  A. From a material misstatement in the financial statements.
  B. In more than a remote likelihood that a material misstatement of the financial statements will not be prevented or detected.
  C. In a material misstatement of the financial statements.
  D. In a government having a qualified audit opinion on their financial statements.


sabina576

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

The formation of gametes by the process of meiosis is known as gametogenesis. The formation of gametes by the process of meiosis is known as gametogenesis.
Lampreys (sometimes also called lamprey eels) are a family of jawless fish Lampreys (sometimes also called lamprey eels) are a family of jawless fish
Lean 6 Sigma - LHM Process Flow Diagram Lean 6 Sigma - LHM Process Flow Diagram
Six-Step Process for Goal-Oriented Planning Six-Step Process for Goal-Oriented Planning
The communication process The communication process
Alternative splicing of pre-mRNA for a muscle protein called α-tropomyosin Alternative splicing of pre-mRNA for a muscle protein called α-tropomyosin
Video: Secretin (inhibiting gastric acid secretion), Cholecystokinin (fat digestion) & Cholecystokinin

For a complete list of videos, visit our video library