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NEW QUESTION: 1
According to the International Professional Practices Framework, which of the following statements is correct regarding the communication of audit results?
I. Summary reports may be issued separately from or in conjunction with the final report.
II. Interim reports may be written or oral.
III. Detailed reports should always be issued to the audit committee.
IV. Interim reports should be used to communicate information which requires immediate attention.
A. I, II, and IV only
B. I and III only
C. II and IV only
D. I, II, III, and IV.
Answer: A
NEW QUESTION: 2
Which of the following is not a marketable security?
A. municipal bonds
B. tax anticipation bonds
C. Series EE bonds
D. treasury bonds
Answer: C
Explanation:
Series EE bonds. All the other securities may be traded. Series EE bonds are purchased
and held to maturity. They are not tradable.
NEW QUESTION: 3
If the value of the test statistic had been 7.03, what action should have been taken regarding the null hypothesis?
A. none of the above
B. rejected
C. not rejected
D. accepted
Answer: B
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