Which of the Following Is Not a Safeguard That Is

question 66

Multiple Choice

Which of the following is not a safeguard that is ordinarily considered in evaluating threats to auditor independence?

• A)Safeguards created by the Audit Committee Reference Group.
• B)Safeguards created by the profession,legislation,or regulation.
• C)Safeguards implemented by the attest client.
• D)Safeguards implemented by the CPA firm.

Recognize different sources of finance for businesses, including debt and equity options.

Understand the attitudes and personal interests that motivate entrepreneurs.

Distinguish between various backgrounds and experiences of entrepreneurs.

Understand the structure and importance of business plans.

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Definitions:

Ethnic-Specific Services

These are services designed to cater to the unique cultural, social, and language needs of specific ethnic groups within a community.

Validation

The acknowledgment or affirmation of the value or validity of something.

Reframe Problems

This refers to the process of changing the perspective on a given problem to find a new solution or pathway.

Family

Family is a social unit consisting of individuals related by blood, marriage, or adoption, often forming a single household and nurturing and caring for one another.