Which of the Following Situations Would Best Support the Decision

question 318

Multiple Choice

Which of the following situations would best support the decision of a chief audit executive (CAE) to defer follow-up activity at a branch office until the next audit engagement?

• A) An audit of the branch office is routinely scheduled every three years.
• B) On-site follow-up of a remote branch may not be feasible due to travel costs.
• C) Branch office management states that correction of the audit issue may take longer than expected.
• D) The CAE and management agree that the corrective action taken to date is sufficient.

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Definitions:

Prozac

A brand name for the drug fluoxetine, which is a selective serotonin reuptake inhibitor used to treat depression and other mental health conditions.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, playing a key role in regulating heart rate, blood pressure, and sleep cycles.

Antidepressants

Medications used to treat major depressive disorders and other conditions, including some anxiety and panic disorders.

SSRIs

Selective Serotonin Reuptake Inhibitors, a class of drugs typically used as antidepressants in the treatment of major depressive disorder and anxiety disorders.