A staff accountant performs analytical procedures at the beginning stage of an audit and before giving an opinion

1.True

2.False

As a mGains on sale of capital assets could because -

1.Market value is greater than Historical cost deducted by accumulated depreciation

2.Market value does not factor in when calculating gains on sale of capital assets

3.Historical cost is greater than Market value

4.Book value is greater than Market value

Multi-national company, the only way I can run a business in some countries is by given bribes. This is a complete violation of

1.None of the above

2.SEC

3.GAAP

4.GAAS