The model management subsystem includes financial, statistical, management science, and other quantitative models that provide the system's analytical capabilities plus appropriate software management. This software is often called a(n) ________

All of the following are required provisions of group life insurance policies EXCEPT

A) an individual policy contract B) a grace period C) an incontestability provision D) a misstatement of age provision"

An auditor is required to obtain an understanding of the entity's business, including business cycles and reasons for business fluctuations. What is the audit purpose most directly served by obtaining this understanding?

a. To enable the auditor to accurately identify significant deficiencies in internal control b. To assist the auditor in accurately interpreting info obtaining during an audit c. To allow the auditor to more accurately perform tests of controls d. To decide whether it will be necessary to perform analytical procedures