According to IIA Guidance, Which of the Following Is True

question 6

Multiple Choice

According to IIA guidance, which of the following is true regarding audit supervision? 1. Supervision should be performed throughout the planning, examination, evaluation, communication, and follow-up stages of the audit engagement. 2. Supervision should extend to training, time reporting, and expense control, as well as administrative matters. 3. Supervision should include review of engagement workpapers, with documented evidence of the review.

• A) 1 and 2 only
• B) 1 and 3 only
• C) 2 and 3 only
• D) 1, 2, and 3

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Definitions:

Arachnida

A class of joint-legged invertebrate animals in the arthropod phylum, including spiders, scorpions, ticks, and mites.

Insecta

The class of arthropods that includes insects, characterized by a three-part body, compound eyes, antennae, and, typically, two pairs of wings.

Exoskeleton

An external skeleton, such as the shell of mollusks or outer covering of arthropods; provides protection and sites of attachment for muscles. Compare with endoskeleton.

Desiccation

The process of drying out or removing moisture.