After the General Transaction Related-Audit Objectives Are Understood, Specific Transaction-Related

question 101

Multiple Choice

After the general transaction related-audit objectives are understood, specific transaction-related audit objectives for each material class of transactions can be developed.Which of the following statements is true?

• A)There should be at least one specific objective for each relevant general objective.
• B)There will be only one specific objective for each relevant general objective.
• C)There will be many specific objectives developed for each relevant general objective.
• D)There must be one specific objective for each general objective.

---

Definitions:

Disease Progression

The process by which a disease advances in severity, complexity, or extent over time, potentially leading to worsening symptoms or the development of complications.

Prevalence

The total number of cases of a disease in a given population at a specific time.

Cross-Sectional Studies

Observational studies that analyze data from a population, or a representative subset, at a specific point in time.

Clinical Phase

A stage in the research and development process of new medical treatments that involves testing on human subjects to evaluate efficacy and safety.