Which One of the Following Statements Is True

question 67

Multiple Choice

Which one of the following statements is true?

• A) The circumstances may vary from audit to audit, but the evidence accumulated remains the same.
• B) The general audit objectives may vary from audit to audit, but the circumstances remain the same.
• C) The evidence that the auditor accumulates remains the same from audit to audit, but the general audit objectives vary, depending on the circumstances.
• D) The general audit objectives remain the same from audit to audit, but the evidence varies, depending on the circumstances.

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Definitions:

Fair Trade Act

Legislation aimed at ensuring producers in developing countries are paid fair prices for their goods.

Consumerism

An economic and social system that promotes the continuous increase in purchasing and consuming goods and services.

Grassroots Movement

A movement driven by the politics of a community. It's built from the bottom up, demanding change or action from the wider society.

Consumer Product Safety Act

A United States federal law, enacted in 1972, that establishes guidelines and authority to regulate the safety of consumer products.