Which of the Following Is Not a Benefit Arising from Having

question 4

Multiple Choice

Which of the following is not a benefit arising from having the financial reports audited?

• A)Auditors suggest how controls can be improved.
• B)Auditors suggest how greater operating efficiencies may be achieved.
• C)Audits have a favourable effect on employee efficiency and honesty.
• D)Audits provide access to less favourable borrowing terms.

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Definitions:

Intellectual

Pertains to activities or elements that involve deep thinking, reasoning, and the ability to understand complex ideas.

Emotional

Relating to feelings or expressions of feelings, including those involved in the complex experiences of the human psyche.

Physical

Relating to the body as opposed to the mind or emotions; involving biological or material properties.