__________ is the ability to marshal human, informational, and other resources to get something done

a. power
b. leadership
c. authority
d. status

a. power

Business

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Companies always treat gains or losses from an involuntary conversion as extraordinary items.

a. true b. false

Business

In which of the following situations would an auditor ordinarily choose between expressing a qualified opinion and an adverse opinion?

A. The auditor did not observe the entity's physical inventory and is unable to become satisfied as to its balance by other auditing procedures. B. The financial statements fail to disclose information that is required by the applicable reporting framework. C. The auditor is asked to report only on the entity's balance sheet and not on the other basic financial statements. D. Events disclosed in the financial statements cause the auditor to have substantial doubt about the entity's ability to continue as a going concern.

Business