Which of the Following Statements Correctly Describes How Workpaper Standards

question 78

Multiple Choice

Which of the following statements correctly describes how workpaper standards can improve the efficiency of internal audit operations?

• A) They require supervisors to provide written confirmation of the workpapers they review.
• B) They grant external parties approved by management access to workpapers.
• C) They mandate the workpaper retention period.
• D) They allow the design and content to vary depending on the nature of the engagement.

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Definitions:

Folkways

Socially constructed norms about everyday behavior that are not considered morally significant but guide casual interactions and social behavior.

Mores

Deeply ingrained social norms or customs that embody the moral views and practices of a group or society, often distinguishing right from wrong.

Beliefs

Convictions or acceptance that something is true or exists, often forming the basis of values and societal norms.

Norms

Socially accepted standards of behavior and conduct expected of individuals in a group or society.