Currency trading is a service center rather than a profit center for commercial and investment banks

The understanding with the client regarding a financial statement audit generally includes which of the following matters?

a. The expected opinion to be used. b. The responsibilities of the auditor. c. The contingency fee structure. d. The preliminary judgement about materiality.

A test that provides a measure of an applicant's proficiency in performing a certain activity or activities or skills is

A. An intelligence test. B. A personality test. C. An achievement test. D. An aptitude test.