Which of These Would Not Be Considered a Scope Limitation

question 30

Multiple Choice

Which of these would not be considered a scope limitation?

• A) The client would not permit confirmation of receivables with their best customers for fear of annoying the customers.
• B) Access to the board of directors meetings was limited to those meetings taking place before the balance sheet date.
• C) The auditor is appointed to the engagement too late to observe the client's counting of the inventory.
• D) The auditor is forced to call upon an outside expert to properly value antiques that are held in the client's vault as investments.

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Definitions:

Income Earned

The compensation received by individuals for their participation in productive activities, typically through wages, salaries, or profits.

Henry George

A 19th-century economist known for his ideas on taxation, particularly the proposal that a single tax on land value could replace all other taxes, thereby improving economic equality and efficiency.

Rent

A regular payment made by a tenant to a landlord for the use of land, a building, or other property.

Landlords

Property owners who rent out land, residential, or commercial properties to tenants.