To what extent should economic factors be discussed in Management's Discussion and Analysis (MD&A)?
a. major economic factors affecting operating results should be discussed in MD&A
b. economic factors affecting operating results should not be discussed in MD&A
c. economic factors affecting operating results should be discussed in MD&A, provided the auditor extends his/her opinion to the MD&A
d. economic factors should be discussed in MD&A, provided they are also discussed in the notes
Question 2
An attribute is ___________________ ___________ on a second attribute if the value for the first attribute determines a value for the second attribute at any time.
Fill in the blank(s) with correct word