Which of the Following Is Not Considered When Obtaining Audit

question 70

Multiple Choice

Which of the following is not considered when obtaining audit evidence through sampling?

• A)The effectiveness of control procedures.
• B)The efficiency of control procedures.
• C)The dollar accuracy of account balances.
• D)The dollar accuracy of classes of transactions.

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Definitions:

Multiculturalism

The co-existence of diverse cultures, where culture includes racial, religious, or cultural groups and is manifested in customary behaviors, cultural assumptions and values, patterns of thinking, and communicative styles.

Cultural Diversity

Refers to the variety of cultural or ethnic groups within a society, embracing differences in traditions, values, and ideas.

Practical Application

The use or implementation of theory or knowledge in a real-world, practical setting to solve problems or achieve specific outcomes.

Most Dangerous Myth

A widely held but false belief that poses significant risks or consequences to society, individuals, or both.