In Determining the Level of Audit Efficiency, Once the Auditor

question 40

Multiple Choice

In determining the level of audit efficiency, once the auditor has identified the key internal controls and identified any deficiencies in order to determine the level of control risk appropriate for a private company client, it is appropriate to decide whether:

• A)substantive tests can be reduced sufficiently to justify costs of performing tests of controls.
• B)substantive tests can be increased sufficiently to justify costs of performing tests of controls.
• C)tests of controls can be increased sufficiently to justify costs of performing substantive tests.
• D)tests of controls can be reduced sufficiently to justify costs of performing substantive tests.

Recognize the integration of cognitive and behavioral techniques in contemporary practice.

Understand the five service characteristics (reliability, responsiveness, assurance, empathy, tangibles) and their importance in maintaining service quality.

Identify strategies for integrating customer feedback into managerial decisions to enhance service quality.

Recognize the importance and methods of maintaining a clean and professional appearance (tangibles) in service delivery.

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Definitions:

Environment

The surrounding conditions and influences affecting the growth or development of living organisms.

Identical Twins

Twins who originate from the same fertilized egg, sharing exactly the same genetic material and often having very similar appearances.

Monozygotic Twins

Twins derived from a single fertilized egg, leading them to be genetically identical.

Senses

Biological systems used by organisms to detect and process sensory information from the environment, including sight, hearing, touch, taste, and smell.