The auditor uses knowledge gained from the understanding of the client's business and industry to assess

A) client business risk.
B) control risk.
C) inherent risk.
D) audit risk.

A

Business

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In a discount store Lee found a "sun kit" containing a beach towel, a sun visor, and sun block. The items, which were sold together, retailed at $18.50, but were marked down to $12.99. The retailer sold one for $18.50 and six at $12.99. Demand for the sun kit package is which of the following?

a elastic b. inelastic c. synergistic d. unitary

Business

Which of the following résumé types emphasizes skills and capabilities, rather than employers and academic experience?

A) Chronological B) Combination C) Functional D) Traditional E) Online

Business