One of the First Things That the Auditor Will Do

question 20

Multiple Choice

One of the first things that the auditor will do after accepting a new client is:

• A) communicate with the client's predecessor auditor.
• B) tour the client's facilities.
• C) contact the client's solicitor to discover legal obligations.
• D) study the client's internal controls.

---

Definitions:

Caffeinated Beverages

Beverages infused with caffeine, a substance known to boost both energy and awareness.

Wilcoxon Signed Rank Test

A non-parametric statistical test used to compare two related samples, matched samples, or repeated measurements on a single sample to assess differences in their population mean ranks.

Normal Approximation

The use of the normal distribution to approximate the distribution of sample statistics for large samples.

Continuity Correction

Continuity correction is an adjustment made to discrete data when applying a continuous probability distribution model, improving the approximation.