If the auditor's assessment of the materiality of the account balance is high, what would be the respective effect on the extent of substantive testing and the nature of procedures performed? Extent of Tests Nature of Procedures

a. Less More rigorous
b. Less Less rigorous.
c. More Less rigorous
d. More More rigorous


d

Business

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A good way to determine a customer's satisfactions is to:

A) ask the customer questions about their needs B) find out what competitors are doing C) utilize a research database D) run statistical modeling E) conduct training sessions

Business

According to research, which of the following is not a described level of promoting leadership effectiveness?

A. interpersonal level B. organizational level C. governmental level D. individual level

Business

Another term used for push money that is given to retailers' or wholesalers' sales staff to encourage them in promoting and selling a company's product is

A. a slotting fee. B. an off-invoice allowance. C. a rebate. D. a spiff. E. a fixed trade spending.

Business

Mena applies for a homeowners' insurance policy on her house with Neighbors Insurance Company through Obie, an agent who works for Neighbors. In this transaction, Obie is

A. an agent for both parties. B. Mena's agent, and not Neighbors's agent. C. Neighbors's agent, and not Mena's agent. D. not an agent.

Business