Which of the Following Is Not Considered When Obtaining Audit

question 70

Multiple Choice

Which of the following is not considered when obtaining audit evidence through sampling?

• A)The effectiveness of control procedures.
• B)The efficiency of control procedures.
• C)The dollar accuracy of account balances.
• D)The dollar accuracy of classes of transactions.

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Definitions:

Produce

To create or manufacture goods or products, often on a large scale.

Centralized

A system or organizational structure where decision-making and control are concentrated in a single point or at a high level.

Decentralized

Pertains to the distribution of functions, powers, people, or things away from a central location or authority.

Management Structure

The organizational framework that outlines the hierarchy of authority and responsibility within a company.