The buyer receives all of the following items at closing, except:

Each of the following might, by itself, form a valid basis for an auditor to decide to omit a procedure except for the

a. Difficulty and cost involved in testing a particular item b. Assessment of the risks of material misstatement at a low-level c. Inherent risk involved d. Relationship between the cost of obtaining evidence and its usefulness

What is the usual goal of sales promotion (regardless of what form it takes)?

a. immediate purchase by consumers b. market share leadership c. return on investment d. economies of scale