Why do you want a heifer to calve early in the calving season? Please explain the domino effect. Please put detail into your answer to receive full points. 

Which metric is least likely to be the basis for audit materiality?

What may result from an auditor’s decision to decrease the acceptable level of detection risk?

A contingent liability is probable and can be reasonably estimated. It is disclosed in a footnote rather than recognized on the face of the financial statements. Which assertion is violated?

The purchasing department failed to post a journal entry before year-end. Which assertion applies?

Please list a production EPD, provide the abbreviation and what it stands for. 

      We have a heifer that is 12 months old and weighs 900 lbs with a measurement of 15cm by 13cm.  What is her pelvic area? What is her pelvic area/calf BW ratio? What is the ideal weight of calf with no problems?

What is the most important thing within an operation? 

True or False: Two aspects of selection are culling and replacement. 

What does progeny mean?