When Making Decisions About Evidence for a Given Audit, the Auditor's

question 81

Multiple Choice

When making decisions about evidence for a given audit, the auditor's goal is to obtain a sufficient amount of timely, reliable evidence that is relevant to the information being verified, and to do so:

• A) at the lowest possible cost.
• B) no matter what the cost involved in obtaining such evidence.
• C) only if the cost is reasonable.
• D) at any cost because the costs are billed to the client.

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Definitions:

Permissive

Pertaining to a parenting or therapeutic style that allows and accepts behavior without strict control or limits.

Little Control

The perception or reality of having minimal influence over situations or outcomes.

Young Children

A demographic group typically defined as individuals from infancy through early childhood, characterized by rapid physical and cognitive development.

Academic Outcomes

The measurable performance results of educational activities, including grades, test scores, and graduation status.