Intended Users Should Have No Effect on Audit Planning

question 21

True/False

Intended users should have no effect on audit planning.

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Definitions:

Legal Position

An individual's or entity's status or stance on a particular legal issue, based on rights, duties, and liabilities under the law.

Employer

An individual or organization that hires and pays people to work for them.

Entire Stock

The complete inventory of goods and products that a business has available for sale at any given time.

Wrongful Acts

Wrongful acts refer to actions or behaviors that are illegal or morally incorrect, often leading to harm or injury and potentially resulting in legal liability.