Power that derives from the recognized ability of someone to make decisions is referred to as:

Which of the following characteristics most likely will heighten an auditor's concern about the risk of material misstatements due to fraud in an entity's financial statements?

A. The entity's industry is experiencing declining customer demand. B. Employees who handle cash receipts are not bonded. C. Bank reconciliations usually include in-transit deposits. D. Equipment is often sold at a loss before being fully depreciated.

For few companies, the package itself has become an important promotional medium

Indicate whether the statement is true or false