AC562 Quiz 1 - 1. Question: (TCO A) Successful operational...

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1. Question: (TCO A) Successful operational auditors possess all the following attributes except Your Answer: ability to spot trouble areas chase elephants, not mice INCORRECT subject matter expertise in systems CORRECT ANSWER communication skills Instructor Explanation: Reider, preface readings Points Received: 0 of 3 Comments: 2. Question: (TCO A) The reason(s) a business exists include: Your Answer: Accounts receivable business Employment business Cash conversion business CORRECT ANSWER None of the above INCORRECT Instructor Explanation: Reider, Chpt 1 Points Received: 0 of 3 Comments: 3. Question: (TCO A) Operational review phases are ordered in Your Answer: Survey, Work, Plan, Field, Report Survey, Plan,Work, Field, Report CORRE CT Plan,Survey, Work, Field, Report Survey, Field, Plan, Work, Report
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Instructor Explanation: Reider, Chpt 1 Points Received: 3 of 3 Comments: 4. Question: (TCO A) The E of the Three E's alluding to obtaining RESULTS of operations is Your Answer:
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This note was uploaded on 06/16/2011 for the course ACCT 562 taught by Professor Hewitt during the Spring '11 term at Keller Graduate School of Management.

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AC562 Quiz 1 - 1. Question: (TCO A) Successful operational...

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