The possibility that a material error will occur even though auditors are following audit procedures and using good judgment is referred to as

McDonald's recently announced that it will no longer purchase meats from Tyson Foods. What are the likely immediate implications for Tyson Foods?

a) Its market value drops, its book value goes up b) Its market value goes up, its book value drops c) Its market value drops, its book value stays the same d) Its market value stays the same, its book value drops e) Its market value stays the same, its book value stays the same f) Its market value drops, its book value drops

Which statement about a Theory Y management style is FALSE?

A) People see work as a natural part of life. B) Managers allow employees to create their own motivation. C) People mainly want security in their jobs. D) People will inherently seek responsibility. E) People mainly seek intellectual stimulation in their work.