A trust deed is signed by the:

Because of the risk of material misstatement, an audit of financial statements in accordance with GAAP should be planned and performed with an attitude of:

a. Objective cynicism b. Independent differentialism c. Impartial conservatism d. Professional skepticism

Which of the following is a shortcoming of the extended value chain?

A) It is difficult to allocate responsibility in the event of a mishap. B) It reduces the strategic advantages offered by a shorter chain. C) It alienates customers by not taking their opinions into account. D) It cannot be expanded beyond the support activities of a company.