Examlex
Revise each statement below so that it more clearly upholds the indicated AICPA generally accepted auditing standard.1) Training: Alexis completed an online course on professional etiquette.2) Evidence: Allison checked the employment references of an audit client's CEO as part of evaluating the CEO's credentials.3) Opinion: Ann used her own words to express an opinion on the truth of an audit client's financial statements.4) Independence: Blaine accepted an audit engagement with a firm owned by his mother-in-law.5) Professional care: Brent randomly selected auditors in his firm as part of developing an audit team.6) Internal control: Crystal used expectancy theory to assess internal control as part of an audit.7) Supervision: Lindsay, the manager of an audit team, scrutinized the work of all auditors on her team equally, regardless of their experience or the tasks they were completing.8) Consistency: Louis explained a change between the applications of GAAP in 2008 and 2011.9) Disclosure: Nicole personally prepared the footnotes for an audit client's financial statements to ensure all disclosures were properly done.10) GAAP: Ralph determined that a client's financial statements were truthfully and accurately presented in accordance with the AICPA's generally accepted auditing standards.
XIO Instruction
An instruction in PLC programming that stands for "Examine if Open," used to check if a condition is false.
PLC Chassis
The structural frame that holds and organizes the components of a Programmable Logic Controller, including its power supply, processors, and modules.
Slot
In computing and electronics, a slot refers to a physical or virtual connector into which a component can be inserted, such as a memory slot on a motherboard.
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