With Respect to Financing Activities, an Auditor Should Understand _______

With respect to financing activities, an auditor should understand _______.

A) how a company plans to sell its long-term assets
B) how a company plans to fund the acquisition of long-term assets
C) that this area lacks inherent risk, thus can be ignored
D) that this area is handled by the internal audit function, and thus should defer the audit procedures to them