What Impact Is the Presence of Factors Such as Real-Time

question 15

Multiple Choice

What impact is the presence of factors such as real-time information (such as via the Internet) expected to have upon the demand for assurance services?

• A)Demand is expected to decline due to the lack of adequate resources.
• B)Demand is expected to grow due to the increase in large corporations.
• C)Demand is expected to grow due to the need for forward-looking information.
• D)Demand is expected to decline as small businesses use the Internet more.

---

Definitions:

Business Firm

An organization engaged in commercial, industrial, or professional activities with the purpose of generating profit.

Large Corporations

Substantial business entities with significant operational scale, usually involving multi-national operations and a large number of employees.

Jurisdiction

The legal authority granted to a court or governmental entity to make decisions and enforce laws.

Diversity Jurisdiction

Federal courts' authority to hear lawsuits involving parties from different states or countries, based on their diversity of citizenship.