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When Audit Working Papers Are Viewed by Another Party as Part

question 91

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When audit working papers are viewed by another party as part of a peer review, the permission of the client must be obtained.


Definitions:

75th Percentile

A statistical measure indicating that 75% of the observed values fall below this point, often used in assessments to understand distribution.

Percentile Score

A score that indicates the relative standing of an individual in a particular population, showing the percentage of scores that fall below a specific point.

Construct Validity

The extent to which a test measures what it claims to be measuring, ensuring the theoretical constructs are accurately reflected in the testing process.

Low Reliability

A property of measurement indicating inconsistency or lack of uniformity in the results obtained.

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