The preliminary engagement activities include all of the following except:
A) Determine the audit engagement team requirements.
B) Ensure that the audit team is independent.
C) Ensure that there is an independent audit committee.
D) Ensure that the audit firm is independent.
Answer: C) Ensure that there is an independent audit committee.
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Indicate whether the statement is true or false
Claudia works for a pharmaceutical company in Germany as a blue-collar worker. She used to opt out of the state insurance plan and purchased private insurance
Due to increasing health insurance premiums this year, she decided to get the state insurance plan. Which of the following is true regarding her state health insurance? A) Claudia bears the entire cost of the health insurance. B) Her company bears the entire cost of the health insurance. C) 50% of health insurance costs are borne by the company, and the other 50% of the costs are borne by the insured. D) 75% of health insurance costs are borne by the company, and the remaining 25% of the costs are borne by the insured.