Answer:
i think its Answer c, hope this helps
<u>Answer</u>:
Explicitly represented in the responsibility paragraph of the auditor stand-red report
<u>Explanation</u>:
Auditor responsibility: It is the auditor's responsibility to ensure that all the information that's provided to him by the management is fair or correct. The auditor has to collect the evidence to ensure that the information is correct or not or information is a misstatement. An auditor is a well-educated person who is liable for all the accounting information. The audition is also beneficial for the third party to engage in business with the company and assess the reliable information.
The correct answer is C) the fact that people sometimes base perceptions of quality on price (snob effect).
A well-known women's college whose tuition lagged below similar schools found recruiting difficult and enrollment falling. A substantial tuition increase was implemented, and dormitories were soon full again. This can be explained by the fact that people sometimes base perceptions of quality on price (snob effect).
In microeconomics, in the snob effect, the demand for some goods that are considered expensive are more demanded. If people that have the money to spend of something assumes that the price of the product is cheap, these people think that the product has low quality. But if the same product is expensive, they consider that the product has quality and is well worth it. That is why, in the case of the college, when the price of tuition increased, people started to trust again in the school and the dorms were full.
Popular sovereignty. He believed territories be allowed to vote whether they liked something or not (was usually slavery).
