All of the Following Are Ways in Which an Auditor

question 26

Multiple Choice

All of the following are ways in which an auditor can assess the integrity of management except:

• A)making enquiries of third parties.
• B)communicating with the previous auditor.
• C)considering previous experience with the client's management.
• D)arranging a police search on the police confidential data base.

---

Definitions:

Federal Reserve

The central banking system of the United States, responsible for implementing the country's monetary policy.

Consumer Spending

The aggregate spending of families within an economy on goods and services.

45-Degree Line

A reference line in economics, usually on a graph, where all points along the line indicate where the values for the variables on the axes are equal.

Consumer Dollar

The purchasing power of a consumer's money, indicating the quantity of goods and services it can buy.