In What Countries Would One Expect Auditing Standards to Evolve

question 9

Multiple Choice

In what countries would one expect auditing standards to evolve based on the needs perceived by the auditing profession?

• A)code law countries
• B)members of the European Union
• C)countries that follow common law
• D)countries with strong accounting laws

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Definitions:

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, typically identified as product, price, place, and promotion.

Price

The amount of money required to purchase a good or service.

Marketing Mix

The mix of elements a company can manipulate to encourage consumer buying of its goods, usually comprised of product, price, place, and promotion.

Marketing Exchanges

Transactions in which values are exchanged between a buyer and a seller, typically involving products, services, and/or information.