After dealing with a difficult customer, put it out of your mind immediately

Madison Corporation has a few large accounts receivable that total $1,000,000. Nassau Corporation has a great number of small accounts receivable that also total $1,000,000. The importance of a misstatement in any one account is therefore greater for Madison than for Nassau. This is an example of the auditor's concept of

A. Materiality. B. Comparative analysis. C. Reasonable assurance. D. Audit risk.

All of the following are essential elements of a real estate contract except:

A. Consideration B. Offer and acceptance C. In writing and signed D. Witness and under seal