Which of the following elements ultimately determines the specific auditing procedures that are necessary in the circumstances to provide a reasonable basis for an opinion?

a. Auditor Judgment
b. Materiality
c. Audit risk
d. Reasonable assurance

Ans: a. Auditor Judgment

Business

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Dell allows its customers to add or remove functionalities from a core product while placing the order. This is an example of:

A) mass customization. B) selective marketing. C) user modeling. D) behavioral targeting.

Business

An import license refers to a(n) ________

A) tax charged on an imported product whose price is below usual prices in the local market B) list of complex procedures imposed on importers that hinder trade and investment C) complicated system of establishing quotas D) government authorization granted to a firm for importing a product

Business