Chuck Barkley is an audit associate at Hillside CPA and he is on his first audit engagement at a client company. Having just started his work there, he is unsure what type of management assertion is the Property, plant, and equipment is on the company's balance sheet. What would his manager tell Chuck in response to his question? O a. Existence Ob. Valuation: Oc. Rights and obligations Od. Completeness QUESTION 2 The standard deviation of the daily returns of Alpha Company's stock is 0.5, while that for Charlie Company's stock is 1.0. If the two companies have the same correlation coefficient with the market returns, which company would have a higher beta? Oa. Their betas would be the same O b. Alpha Company Oc. Charlie Company O d. Insufficient information 0.6 points