Auditing Is

question 132

Multiple Choice

Auditing is

• A)the examination of financial statements by a CPA in order to provide an opinion on their accuracy.
• B)a part of accounting that involves only recording of economic events.
• C)an area of accounting that involves such activities as cost accounting, budgeting, and accounting information systems.
• D)conducted by the Securities and Exchange Commission to ensure that registered financial statements are presented fairly.

---

Definitions:

Pronation

The rotation of the forearm or foot so that the palm or sole is facing downwards or backwards.

Cubital Joint

Also referred to as the elbow joint, it is a complex hinge joint involving the humerus, radius, and ulna bones of the arm.

Hinge Joint

A type of joint that allows motion in one plane, similar to the movement of a door hinge, such as the elbow or knee.

Saddle

A supportive structure placed on the back of an animal for riding or an engineering component designed to spread load.