All single network addresses are ________ addresses
A) EUI-48
B) IP
C) both A and B
D) neither A nor B
D
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The concepts of audit risk and materiality are interrelated and must be considered together by the auditor. Which of the following is true?
A. Audit risk is the risk that the auditor may unknowingly express a modified opinion when, in fact, the financial statements are fairly stated. B. The phrase in the auditor's report "present fairly, in all material respects, in accordance with accounting principles generally accepted in the United States of America" indicates the auditor's belief that the financial statements as a whole are not materially misstated. C. If misstatements are not important individually but are important in the aggregate, the concept of materiality does not apply. D. Material fraud but not material errors cause financial statements to be materially misstated.
What would be the best way to position Green Grain relative to traditional grain?
A) as a higher-priced product that would allow farmers to make greater profits B) as a higher-priced product that is more socially responsible than traditional grain C) as an experimental product with which farmers could be the first on the market D) as a product that exceeds federal standards for cattle feed E) as a product that stores well throughout the winter