All of the Following Are the Factors on Which Audit

question 272

Multiple Choice

All of the following are the factors on which audit work schedules may be based on EXCEPT:

• A) The length of time since the area was last audited and the extent and type of findings in the last audit.
• B) Audits prioritized based on assessment of the degree of risk of potential loss (such as potential loss of dollars, lives, or of public trust) associated with the audit area.
• C) Audit work scheduled (e.g., activities to be audited, time frames for audit, resource estimates).
• D) The occurrence of major recent changes in operations, programs, systems, or controls and the availability of audit staff resources.

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Definitions:

Prototypes Of Leaders

The early models or examples of leadership styles or behaviors that serve as templates for developing leadership skills.

Participative Style

Participative style is a leadership approach where decision-making is shared among leaders and team members to encourage involvement and engagement.

People-Oriented

A leadership style or organizational culture that prioritizes the welfare, development, and engagement of employees.

Competency-Based Approach

An approach that focuses on the specific skills and abilities required to perform a job effectively, rather than on qualifications alone.