Which of the Following Is Not Required for an Accurate

question 12

Multiple Choice

Which of the following is not required for an accurate audit?

• A) careful planning of auditing procedures
• B) proper establishment of audit objectives
• C) following generally accepted accounting practices
• D) adherence to proper auditing methods
• E) in-depth knowledge of auditing standards

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Definitions:

Business

Organized efforts by individuals or entities to produce and sell goods and services for profit.

Owner

An Owner is the individual or entity that legally holds the rights to possess, use, and dispose of property, assets, or a business.