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:

Room

An area or space within a building enclosed by walls, floor, and ceiling, used for a variety of purposes.

Punctuation

The marks used in writing that separate sentences and their elements to clarify meaning.

Grandmothers

The mothers of one's parents, often playing a significant role in family structure and the upbringing of grandchildren.

Accomodate

The act of making suitable adjustments or providing space and facilities for someone or something.