If David uses an in-network provider of his employer's managed-care health organization, then he pays lower fees than if he uses an out-of-network provider. David is most likely a member of a(n) ________

Before accepting an engagement to audit a new client, an auditor is required to

A. Make inquiries of the predecessor auditor after obtaining the consent of the prospective client. B. Obtain the prospective client's signature to the engagement letter. C. Prepare a memorandum setting forth the staffing requirements and documenting the preliminary audit plan. D. Discuss the management representation letter with the prospective client's audit committee.

When a bond's yield to maturity is less than the bond's coupon rate, the bond:

A. had to be recently issued. B. is selling at a premium. C. has reached its maturity date. D. is priced at par. E. is selling at a discount.