An Audit

question 82

Multiple Choice

An audit

• A) is required for every business
• B) is an independent review of an organization's accounting systems and records
• C) is performed to add credibility to the financial statements
• D) is only performed for companies with computerized accounting system
• E) is an independent review of an organization's accounting systems and records and is performed to add credibility to the financial statements.

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Definitions:

Tempting Alternatives

Enticing options that may distract from a primary choice or decision.

Committed

Describes being dedicated or bound to a cause, activity, or goal, demonstrating loyalty or obligation.

Informational Social Influence

The process of changing one's behavior to fit in with the group due to the belief that the group is competent and has the correct information.

Authority

The power or right to give orders, make decisions, and enforce obedience.