Which of the following technologies identified by Thompson is characterized by a work process in which input, conversion, and output activities can be performed independently of one another?

If the independent auditor has not become satisfied by means of other auditing procedures with respect to opening inventories, (s)he should

A. Disclaim an opinion or qualify the opinion on the statements as a whole. B. Either disclaim an opinion on the statement of income or qualify the opinion, depending on materiality and the pervasiveness of the possible effects. C. Either disclaim an opinion or qualify the opinion on the statement of income, regardless of the degree of materiality of the amounts involved. D. Express an adverse opinion on the statements as a whole when the amount in question is material.

________ is an economic measure of divisional performance

A) Return on assets B) Return on a division's sales C) Economic value added D) A division's growth rate