To Obtain an Understanding of a Continuing Client's Business in Planning

question 181

Multiple Choice

To obtain an understanding of a continuing client's business in planning an audit, an auditor most likely would:

• A) Perform tests of details of transactions and balances.
• B) Review prior-year audit documentation and the permanent file for the client.
• C) Read specialized industry journals.
• D) Reevaluate the client's internal control environment.

Understand the key historical figures, policies, and events that shaped World War II.

Analyze the impacts of World War II on international relations and post-war decolonization efforts.

Identify and describe the strategies and outcomes of major battles and military operations during World War II.

Assess the role of technological and scientific advancements during World War II.

---

Definitions:

Main Effect

The direct impact of an independent variable on a dependent variable in a statistical model.

Confidence Interval

A range of values derived from sample data that is likely to contain the value of an unknown population parameter, with a specified level of confidence.

Credit Card Customers

Individuals who have been issued a credit card by a bank or other financial institution and utilize it for transactions.

Average Amount

An alternative expression for mean, representing the central or typical value in a set of data.