Detection risk is affected by which aspects of substantive audit procedures?
a. Nature.
b. Timing.
c. Extent.
d. All of the above.
d
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The trait approach is criticized for its failure to take ______ into consideration.
A. emotional intelligence B. personality C. differences in leaders D. situations
Around ________, the Greeks recognized management as a separate art and advocated a scientific approach to work.
A. 2000 BC B. 1100 BC C. 4000 BC D. 500 BC E. 400-350 BC
Which of the following is NOT a provision of the Sarbanes-Oxley Act of 2002?
a. Congress established the Public Company Accounting Oversight Board, which has the authority to regulate public accounting firms, establishing audit rules and ethics guidelines. b. After five years with a client, the lead audit partner must rotate off the account for at least five years. c. Congress established the American Institute of Certified Public Accountants to develop ethical guidelines in a Code of Professional Conduct. d. Auditors must communicate regularly and completely with audit committees of their clients and must describe options the firm considers in preparing financial statements.
Define economies of scope, and identify how they relate to flexible automation
What will be an ideal response?