QUESTION 1

1. Turnover ratios are generally calculated for each of thefollowing assets except:

   		Accounts Recievable
   		Inventory
   		Cash
   		Plant and Equipment

QUESTION 2

1. Corporate annual reports do not usually include

   		internal auditors report and opinion about the financialstatements
   		financial statements from the prior year
   		historical summary of selected financial data for the past 5years or more
   		financial statements for the most recent year