With Respect to Key Performance Indicators, Auditors Should ________

question 67

Multiple Choice

With respect to Key Performance Indicators, auditors should ________.

• A)disregard them as they would be unrelated to the audit
• B)ask management to provide a detailed explanation of which KPIs are of the most importance to them so that related audit procedures can be planned
• C)assign the task of investigation to the internal audit function
• D)assign new KPIs to the client as a result of the audit process

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Definitions:

Threatens

To express an intention to inflict pain, injury, damage, or other hostile action on someone in retribution for something done or not done.

Bureaucracies

Organized administrative systems governed by a set of rules and regulations, typically within large organizations or governments, to ensure efficiency and effectiveness.

Alienation

A feeling of isolation or estrangement from oneself, others, or society, often resulting in disenchantment or disconnection.

Roles, Rules

The prescribed behaviors and expectations associated with specific positions in social structures, and the formal and informal guidelines governing behavior.