The difference between an investment and speculation is that an investment ________ while speculation depends solely on ________ to produce results
A) costs less; the economic conditions
B) generates a return; supply and demand
C) costs less; generating a return
D) depends on supply and demand; economic conditions
E) depends on supply and demand; generating a return
Answer: B
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If auditors conducting attributes sampling found that the entity deviated from a prescribed control in nine of the first 10 items examined, the auditor is most likely to:
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