This type of mutual fund seeks quick growth but also has higher risk

When the timber industry in Montana experiences an economic slump, Superior Logging Co. is forced to lay off a number of its employees, including Larry Kurzyniec. Larry, who had been logging for over eighteen years, suffers from heart disease, high blood pressure, and diabetes. His wife is worried that the family's health insurance coverage, which is through Superior Logging, will be cancelled. Larry learns that he has a right to extend his insurance benefits, however, if he pays the premiums under

a. HIPAA. b. FUTA. c. FICA. d. COBRA.

An auditor decides to express a qualified opinion on an entity's financial statements because a major inadequacy in its computerized accounting records prevents the auditor from applying necessary procedures. The opinion paragraph of the auditor's report should state that the qualification pertains to

A. A client-imposed scope limitation. B. A departure from generally accepted auditing standards. C. The possible effects on the financial statements. D. Inadequate disclosure of necessary information.