The Audit Team Asks Management for Original Documents Related to Sales

question 52

Multiple Choice

The audit team asks management for original documents related to sales contracts.Despite the team's persistence,management does not supply the documents for over two weeks.What should this audit team be most concerned with as it relates to these documents?

• A)The need to complete the audit within a specified period of time.
• B)Management's possible use of the time to fabricate the documents.
• C)Discrepancies of the evidence.
• D)Conflicting evidence.

---

Definitions:

Boxplot

A graphical representation used in statistics that displays the distribution of data through their quartiles, highlighting the median and outliers.

Local Hospital

A healthcare institution providing patient treatment with specialized medical and nursing staff and medical equipment, typically serving a nearby geographic area.

Standard Deviation

The measure of the dispersion or variation in a set of numbers, indicating how widely individuals within a dataset are spread from the mean.

Variance

A measure of how spread out a set of data is, calculated as the average of the squared differences from the mean.