Increasing the effectiveness of auditing software will

A) reduce detection risk.
B) reduce control risk.
C) increase detection risk.
D) increase control risk.

Answer: A

Business

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The decision to use overbooking will

A) lead to upset customers and a high cost of providing them space. B) lead to unutilized assets and lost revenue. C) lead to reduced profits. D) depend upon optimization to be successful.

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The three basic ratios used in the DuPont system of analysis are ________

A) net profit margin, total asset turnover, and return on investment B) net profit margin, total asset turnover, and return on equity C) net profit margin, total asset turnover, and equity multiplier D) net profit margin, financial leverage multiplier, and return on equity

Business