Adopting the Following Measures Would Reduce the Expectations Gap and Lessen

question 5

Multiple Choice

Adopting the following measures would reduce the expectations gap and lessen public misunderstanding of the auditor's role.

• A)Publishing a statement of management responsibility
• B)The auditor reporting annually to the audit committee
• C)Expanding the audit report to clarify the auditor's role and the level of assurance
• D)a and b
• E)a and c

---

Definitions:

Major League Baseball

A professional baseball organization that is the oldest of the four major professional sports leagues in the United States and Canada.

Histogram

A graphical representation of the distribution of numerical data, where the data is grouped into bins and the frequency of the data in each bin is depicted by the height of the bar.

Salaries

Salaries refer to the regular payments or compensation that employees receive from their employers in exchange for their work.

Range

The difference between the highest and lowest values in a data set.