Which statement is true regarding threats to independence:

When auditing group financial statements for a nonissuer, where the group auditor decides to assume responsibility for the work of all component auditors, which of the following paragraphs are adjusted? Report on the Consolidated Financial Statements Paragraph (Intro) Auditor’s Responsibility Paragraph Opinion paragraph a. No No Yes b. Yes Yes Yes c. No No No d. No Yes No

What best describes the purpose of the auditors’ consideration of internal control in a financial statement audit for a nonpublic company? 

Which of the following is explicitly included as a part of the description of management’s responsibility in an unmodified audit report? 

In an action brought against an auditor under common law liability, the client must prove which of the following? Lack of Due Care Proximate Cause a. Yes No b. No Yes c. Yes Yes d. No No

Name two specific types of non-volatile memory : and . 

Based upon the graph (Fig. 3.4) in the above question –  At the price of $1.80, is there a shortage or a surplus in the market (which one)?  ______________ ; If so, of how much? _____________

If the price was $100, what would the quantities demanded and supplied be (based upon the Scooters table in prior question)?  ________  _________

Suppose the price of gasoline is $1.00 (based on the Scooters graph in a prior question).  Will the quantity demanded (QD) be lower or higher than at the equilibrium price of $1.20 per gallon?

The computer market in recent years has seen many more computers sell at a variety of prices. (3 pts) a.  Will the change affect demand or supply? b.  Was the effect on (answer from a.) positive or negative? c.  What shift in demand or supply is most likely to explain this outcome?      1.  A rise in demand      2.  A fall in demand      3.  A rise in supply      4.  A fall in supply