Concession-making requires that each side relax some of its demands to meet the other party's needs. Concession making is rare in international negotiation.

Goods in transit which are shipped f.o.b. destination should be

a. included in the inventory of the seller. b. included in the inventory of the buyer. c. included in the inventory of the shipping company. d. none of these.

Which of the following is an appropriate conclusion that can be drawn when the internal auditor identifies an observation from testing controls?

a) Certain risks are not effectively mitigated. b) The area may be vulnerable to fraud c) The process objectives cannot be achieved. d) Overall, the process is not operating effectively.