Suppose that Mac only kept track of the number of magazines sold. Would thisgive an accurate representation of the demand for the Journal? Under what circumstances would the actual demand and the number sold be close, and underwhat circumstances would they differ by a substantial amount?

Which of the following statements BEST describes the purpose of a Deability income policy? A It is used to pay for hospital, medical, and surgical expenses if a senous disability occurs. It is designed to supplement Medicare Part A benefits It is used to pay for an insured's normal living expenses if the insured becomes disabled It is designed to supplement Workers' Compensation benefits B D.

What is the main reason lenders pay borrowers' property taxes through a pre-paid escrow account? It prevents a tax lien from being applied to the home. The tax lien would be senior to the mortgage lien. It prevents the borrower from refinancing with another lender because they would lose all of their escrow funds. It allows the lender to earn interest on the pre- paid tax money as itsits in the account. It allows the lender to take advantage of corporate tax deductions.

As the acceptable level of detection risk decreases, the auditor may do one or moreof the following except change the(1) nature of audit procedures to more effective procedures.(2) timing of audit procedures, by perhaps performing them at year-end rather thanan interim date.(3) extent of audit procedures, by perhaps using larger sample sizes.(4) assurances provided by audit procedures to a lower level