Which of the Following Are Situations Where the Auditor Is

question 150

Multiple Choice

Which of the following are situations where the auditor is likely to use audit sampling?

• A)Relevant data is not reliable and internal controls over the reliability of data are weak.
• B)Relevant data may be in different formats and is not easy to use.
• C)Relevant data is reliable and internal controls over the reliability of data are strong.
• D)Relevant data is clean or can be cleaned up easily.

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Definitions:

Glycolysis

A metabolic pathway that breaks down glucose to pyruvate, releasing energy and forming ATP and NADH, occurring in the cytosol of cells.

Citric Acid Cycle

A sequence of biochemical processes undergone by every organism that uses oxygen to produce energy by oxidizing acetate, which comes from carbohydrates, fats, and proteins.

Acetyl CoA

A central molecule in metabolism, used in biochemical reactions for energy production and synthesis of fatty acids.

Aerobic Respiration

The process of producing cellular energy involving oxygen. Cells break down food in the mitochondria in a long, multistep process that produces roughly 36 ATP.