Which of the Following Documentation Is Required for an Audit

question 790

Multiple Choice

Which of the following documentation is required for an audit in accordance with generally accepted auditing standards?

• A) A flowchart or an internal control questionnaire that evaluates the effectiveness of the entity's internal control.
• B) A management representation letter that summarizes the timing and details of the auditor's planned fieldwork.
• C) An indication in the audit documentation that the accounting records agree or reconcile with the financial statements.
• D) A list of the procedures performed and the findings obtained.

---

Definitions:

Gender-Based Differences

Refers to variations in characteristics, behaviors, or outcomes that are attributed to an individual's gender.

Significant Result

A statistical term indicating that the findings from research data are unlikely to have occurred by chance, showing a meaningful difference or relationship.

Population Means

The average values for variables within a total population under study.

Null Hypothesis

A hypothesis that suggests no statistical significance exists in a set of given observations, implying no effect or relationship between variables.