Auditors Are Required to Communicate with the Audit Committee for All

question 57

Multiple Choice

Auditors are required to communicate with the audit committee for all but which of the following:

• A) Significant accounting policies and practices
• B) Critical accounting practices and policies
• C) Significant unusual transactions
• D) The procedures followed by the auditor in evaluating evidence

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Definitions:

Algorithm

A set of specific, sequential steps that describe exactly what the computer program must do to complete the required work.

Compiling

The process of converting source code written in a high-level programming language into machine code that a computer's processor can execute.

Interpreting

The process of converting spoken or signed communication from one language to another, facilitating understanding between parties who do not share a common language.

4GL

Fourth Generation Languages, a class of programming languages more advanced and closer to human language compared to their predecessors.