The Auditee Is the Person or Company ________

question 22

Multiple Choice

The auditee is the person or company ________.

• A)who will use the audited information
• B)who performs an audit
• C)who pays the audit fee
• D)whose information is being audited

---

Definitions:

Updated Yearly

Describes something, typically a document or software, that is reviewed and revised on an annual basis to ensure it contains the most current information or features.

Petty Cash

A small amount of cash on hand used for covering minor expenses in a business, such as office supplies or coffee.

Account

A report or description of an event or experience, or the management and arrangement of financial expenditure and receipts.

Commission

A fee or percentage allowed to agents or salespeople for their services.