Traditional approaches to risk control used for planning, executing, and evaluating substantive audit tests focus primarily on the risk of accepting a materially misstated amount (β risk) and only consider passively the risk of rejecting a correctly stated amount (α risk). This article...

Discusses alternative strategies which may be employed when differences arise between achieved audit‐sampling results and planned results, which means that risk levels used in ex post decision making may be different from planned levels. Contrasts a conventional strategy — which is to fix...

Definition of the geographic limits of local labor markets has practical importance in appraising available labor supplies and theoretical interest for explaining worker mobility patterns. Taken together, a number of recent studies of the "journey to work" reveal interindustry and interregional...