The Work of Internal Auditors May Affect the Independent Auditor's

question 428

Multiple Choice

The work of internal auditors may affect the independent auditor's:

• A) Procedures performed in obtaining an understanding of internal control. II. Procedures performed in assessing the risk of material misstatement. III. Substantive procedures performed in gathering direct evidence.
• B) I and II only.
• C) I and III only.
• D) II and Ill only.
• E) I, II, and III.

---

Definitions:

Superposition

A principle stating that in an undisturbed sequence of sedimentary layers, each layer is younger than the one below it and older than the one above it.

Incising

Incising is the process by which a river or stream cuts down into its bed, deepening the channel through the erosion of sediment and rock.

Delta

A landform created by the deposition of sediment carried by a river as the flow leaves its mouth and enters slower-moving or stagnant water.

River Terraces

Flat, bench-like surfaces adjacent to the course of a river, which indicate previous river levels and can be used to reconstruct past environmental changes.