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The Audit Program Specifies What the Client Must Do to Perform

question 58

True/False

The audit program specifies what the client must do to perform the audit in accordance with generally accepted accounting procedures.


Definitions:

Express Contract

A contract in which the terms of the agreement are explicitly stated by the parties, either verbally or in writing.

ESIGN

The Electronic Signatures in Global and National Commerce Act, a federal law that facilitates the use of electronic records and signatures in interstate and foreign commerce.

E-contracts

Legal agreements formed and signed digitally, using electronic means like email or web-based contract management platforms.

Legally Valid

Meeting all required legal formalities and conditions, thereby enforceable in a court of law.

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