Which is ________ to write, a letter or an essay?

What is believed to be a likely consequence if shareholders, lawmakers, and regulators are not critical and attentive to the actions of a company's top managers?

a. A new type of economy that is related to a socialist economy b. A financial crisis due to manager ineffectiveness and lack of focus on all stakeholders, causing the company to fail, resulting in a rise in unemployment c. A free corporate market that is laissez-faire d. An invisible hand economic industry in which actions will be handled by market preferences

Which of the following is considered the MOST significant advantage of implementing a continuous auditing approach?

A. It can improve system security when used in time-sharing environments that process a large number of transactions. B. It can provide more actionable audit results because of the increased input from management and staff. C. It can identify high-risk areas that might need a detailed review later. D. It can significantly reduce the amount of resources necessary for performing the audit because time constraints are more relaxed.