Which of These Would Not Be Part of a Typical

question 24

Multiple Choice

Which of these would not be part of a typical audit team?

• A)An audit manager.
• B)An audit senior.
• C)An audit partner.
• D)Internal auditors.

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Definitions:

Retailer

A business that sells goods directly to consumers, typically operating out of physical stores or online platforms.

Note Receivable

An asset account on a company's balance sheet representing a promise by a debtor to pay a certain amount of money to the company in the future.

Written Promise

A formal pledge, often in the form of a document, affirming that one party agrees to perform or refrain from a specific action.

Short-term Receivables

Financial claims to cash due from customers or clients within one year, typically arising from the sale of goods or services on credit.