Why Is an Audit Report Necessary

question 18

Multiple Choice

Why is an audit report necessary?

• A)It is used to report business,income,and payroll taxes.
• B)It identifies mistakes so they can be Corrected.
• C)It protects the employer against embezzlement.
• D)Both B and C

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Definitions:

Probabilistic Events

Events or outcomes that are unpredictable to a degree but can be measured in terms of probabilities or likelihoods.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

Desired Goal

An objective or outcome that an individual aims to achieve or reach.

Donald Hebb

Canadian psychologist best known for his work in the field of neuropsychology and his proposal that neurons that fire together, wire together.