In Selecting an Auditee for Operational Auditing, an Understanding of the Potential

question 38

Multiple Choice

In selecting an auditee for operational auditing, an understanding of the potential auditees is obtained by all of the following except:

• A) applying analytical procedures to quantify trends and unusual relationships.
• B) reviewing background file data on each auditee.
• C) touring the auditee's facilities to ascertain how it accomplishes its objectives.
• D) interviewing the manager of the activity about specific problem areas.
• E) conducting mini audit probes to confirm or clarify the auditor's understanding of potential problems.

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Definitions:

Individual Consumers

Refer to single persons who purchase goods and services for personal use and not for manufacture or resale.

Scale

refers to the relative size or extent of something, or a set of numbers, objects, or events placed in a order or gradation.

Baby Boomers

The demographic cohort born approximately between 1946 and 1964, known for experiencing significant economic prosperity, political and social upheaval, and cultural change during their formative years.

Marketers

Individuals or companies engaged in the promotion, distribution, and selling of products or services to consumers.