With Regard to Audits of SEA,which of the Following Might

question 43

Multiple Choice

With regard to audits of SEA,which of the following might be appropriate for an auditor to do?

• A)Assess the appropriateness of the organization's basic objectives.
• B)Verify that the government selected the correct indicators to gauge whether its objectives were achieved.
• C)Evaluate whether SEA data is fairly presented.
• D)Evaluate the usefulness of SEA data.

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Definitions:

Economics

The study of how people use their scarce resources to satisfy their unlimited wants

Physical Capital

Manufactured items used to produce goods and services; includes new plants and new equipment.

Petty Cash

A small amount of cash on hand that is used for paying minor or incidental expenses in a business.

Free Goods

Items or services available in abundance without direct cost, such as air or sunlight, not requiring scarce resources for their production.