Which of the Following Is a Tool That Is Best

question 147

Multiple Choice

Which of the following is a tool that is best used by the audit team to determine if the client has included all disclosures?

• A)Management representation letter.
• B)GAAS.
• C)Inquiry of the CFO.
• D)Checklists.

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Definitions:

Dependent Variable

In an experiment, it's the variable being tested and measured, affected by manipulations of the independent variable.

Independent Variable

In experimental and statistical research, the variable that is manipulated or changed to observe its effect on a dependent variable.

Dependent Variable

In experimental research, it is the variable that is measured to see if it is influenced by the independent variable.

Experiment

A research method used to test hypotheses and establish cause-and-effect relationships between variables, through controlled conditions and manipulation of one or more variables.