The Decision to Audit an Entire Population Is Usually Dependent

question 92

Multiple Choice

The decision to audit an entire population is usually dependent upon _______.

• A)the assertion and the evidence available to support the assertion
• B)management's express written approval to do so
• C)the associated controls and the evidence available to support them
• D)the auditors budget plan for the audit

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Definitions:

Things

in the context of technology, often refers to devices or objects in the Internet of Things (IoT), where physical devices are connected to the internet and can collect and exchange data.

Events

Occurrences or happenings, especially those of significance, that can be observed in various contexts like social, natural, or technological realms.

Activities

Tasks, actions, or operations performed by individuals or groups, either physical or mental, to achieve a specific goal or purpose.

Transactions

The act of conducting business, trade, or an exchange between two or more parties, often involving financial operations.