The Final Step in the Evaluation of the Audit Results

question 40

Multiple Choice

The final step in the evaluation of the audit results is the decision to

• A)determine the acceptability of the population.
• B)determine sampling error and calculate the estimated total population error.
• C)analyze exceptions or misstatements.
• D)determine the error in each sample.

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Definitions:

Making Decisions

The mental process involved in choosing an option from several possibilities.

Low Self-Esteem

A psychological condition in which a person views themselves negatively, often feeling inadequate or unworthy compared to others.

Emphasize Weaknesses

The act of highlighting or focusing on the flaws, shortcomings, or vulnerabilities of an individual or system.

Self-Esteem

A person's overall sense of their value or worth, or the extent to which they appreciate, value, or like themselves.