________ is "the process of assessing exposures to loss within an operation and determining how best to eliminate, manage or otherwise reduce the risk of an adverse event from having a negative impact on the business."

Which of the following is true relating to audit work paper documentation?

A) It serves as the basis of review for audit supervisors to determine if sufficient, appropriate evidence has been gathered. B) It should not include copies of any client-generated documents. C) It is generally examined and utilized by the client after the audit is completed. D) It must be destroyed once the audit is complete and the opinion is rendered.

________ refers to the availability and number of locations, called outlets, which make the

product or service available for sale. A) All commodity volume B) Distribution intensity C) Market share D) Economies of scale