When Making Decisions About Evidence for a Given Audit, the Auditor's

question 63

Multiple Choice

When making decisions about evidence for a given audit, the auditor's goal is to obtain a sufficient amount of timely, reliable evidence that is relevant to the information being verified, and to do so:

• A) no matter what the cost involved in obtaining such evidence.
• B) at any cost because the costs are billed to the client.
• C) at the lowest possible cost.
• D) only if the cost is reasonable.

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Definitions:

Physical Fitness

A state of health and well-being that is achieved through regular physical activity, proper nutrition, and adequate rest.

Sustained Exercise

Exercise activities carried out over an extended period, aiming for long-term health benefits and improvements in physical fitness.

Right Livelihood

The ethical principle of engaging in work that is morally good, does not harm others, and is spiritually fulfilling.

Conscious Choice

A decision made with full awareness and attentiveness to its potential consequences and benefits.