The securities of Donley Corporation are listed on a regional stock exchange and registered with the SEC. The management of Donley engages a CPA to perform an independent audit of Donley's financial statements. The primary objective of this audit is to provide assurance to the

a. Regional stock exchange
b. Securities and Exchange Commission
c. Board of directors of Donley
d. Investors in Donley securities

Ans: d. Investors in Donley securities

Business

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In moving from the measurement model to the structural model:

A) The error terms are correlated with each other. B) The emphasis shifts from the relationships between latent constructs and measured variables to the nature and magnitude of the relationships between constructs. C) The exogenous constructs each become endogenous. D) The endogenous constructs become exogenous. E) None of the above

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Nina is a volunteer at an animal shelter who takes home animals that are scheduled to be put down

Even though her act results in her apartment often getting overcrowded and smelly, Nina does this because she considers it ethically wrong to willfully take the life of another living creature. Which of the following theories of ethical thought best explains Nina's behavior? A) act utilitarianism B) consequential theory C) deontology D) rule utilitarianism

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