Which type of audit documentation is required by PCAOB standards?

a. Flowcharts
b. Narratives
c. Questionnaires
d. A specific form of documentation is not required.

d

Business

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When consumers are sensitive to price changes, which of the following occurs?

a. elastic demand b. inelastic supply c. elastic supply d. inelastic demand

Business

Which of the following is NOT an advantage of Computer-Assisted Telephone Interviews (CATI)?

a. You can interview even those people who do not have access to a computer. b. You can stop in the middle of an interview and complete it at a later time. c. It eliminates the need of separate data entry tasks. d. The program can automatically skip questions that are not relevant to a particular respondent. e. The computer can allow the respondent to call back later to complete the interview.

Business