It has been said that independence is the cornerstone of the accounting profession. Explain what this means. How do auditors protect against impairments of independence?

Most economists report the elasticity of demand asa. the absolute value of the actual number.b. a negative number, since price and quantity demanded move in opposite directions.c. a percentage, since both the numerator and denominator are percentages.d. a dollar amount, since we are measuring the change in price.