Deducting the desired profit margin from the price at which a product will sell, given its appeal and competitors' prices, is known as ________

A) overhead costing
B) target costing
C) activity based costing
D) benefit analysis
E) estimate costing

B

Business

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The assessment of control risk is the measure of the auditor's expectation that internal controls will prevent material misstatements from occurring or detect and correct them if they have occurred

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