When Compared to an Audit Performed Prior to 1900,an Audit

question 50

Multiple Choice

When compared to an audit performed prior to 1900,an audit today:

• A)Is more likely to use sampling.
• B)Is less likely to include consideration of the effectiveness of internal control.
• C)Has bank loan officers as the primary financial statement user group.
• D)Includes a more detailed examination of all individual transactions.