Which of the Following Best Describes the Reason for the Auditors

question 23

Multiple Choice

Which of the following best describes the reason for the auditors' review of the client's cost accounting system?

• A)To obtain evidence regarding the quantities of good described as work in process.
• B)To obtain evidence about the valuation of work in process,finished goods,and cost of goods sold.
• C)To obtain evidence about the profit margin on specific jobs.
• D)To obtain evidence about compliance with Cost Accounting Standards.

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Definitions:

Manipulated

in research, refers to the controlled alteration of an independent variable to observe its effect on a dependent variable.

Measured

Assessed or quantified through a systematic process or instrument.

Subdiscipline

A specialized area of study or research that falls under a broader academic discipline or field.

Psychology

The study of human behavior.