Which One of the Following Is NOT an Audit Procedure

question 93

Multiple Choice

Which one of the following is NOT an audit procedure that is commonly used to search for contingent liabilities?

• A) Review the minutes of directors and shareholders meetings.
• B) Perform inquiries of management (orally and in writing).
• C) Analyse legal expense for the period under audit.
• D) Review the current year's tax return.

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Definitions:

Microtubules

Cylindrical structures found in the cytoplasm of cells, made of tubulin, that play key roles in cell shape, division, and transport.

Cell Membranes

The semi-permeable membranes that surround the cell, controlling the movement of substances in and out.

Phospholipid Fatty Acids

Fatty acid components of phospholipids, which are a major class of lipids that form the structural foundation of cell membranes.

Peroxisome

Enzyme-filled vesicle that breaks down fatty acids, amino acids, and toxic substances.