When preparing and organizing audit files,

A) the rules established by the SEC and PCAOB must be followed.
B) a lead schedule contains the detailed accounts from the general ledger making up the line item on the trial balance.
C) a working trial balance is considered part of the permanent file.
D) the audit program is not part of the audit files.

B

Business

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In a typical SWOT analysis, which of the following would be considered an opportunity for a

company? A) an expansion of the company's services B) stricter product safety regulations C) well-trained customer service staff D) the exit of a competitor from the market

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