Which of the Following Is Not an Auditee Responsibility

question 1

Multiple Choice

Which of the following is not an auditee responsibility?

• A) Prepare appropriate financial statements.
• B) Ensure that the audit procedures performed are appropriate.
• C) Comply with laws, regulations, and the provisions of contracts related to each of the federal programs.
• D) Take corrective action on audit findings.

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Definitions:

Location-Specific Human Capital

Skills and knowledge that are valuable and relevant to a particular geographic location and its economic or cultural context.

Routine Tasks

Tasks that are performed on a regular, standard schedule, often characterized by their repetitive nature and requiring minimal creativity.

Target Market

A specific group of consumers at which a company aims its products and services.

Employee Training

Programs and activities designed to develop skills and competencies of employees to improve job performance.