The Auditor Normally Does Not Need to Test the Accuracy

question 56

Multiple Choice

The auditor normally does not need to test the accuracy or classification of fixed assets recorded in prior periods if they are the continuing auditor because

• A) they are rarely material to the audit.
• B) they rarely contain misstatements.
• C) they are verified in previous audits.
• D) they don't affect the balance sheet.

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Definitions:

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A process in social movement theory, where individual interests, values, and beliefs become linked with a movement's goals and activities.

White-Collar Workers

Employees who perform professional, managerial, or administrative work, typically in an office setting, and usually salaried rather than paid hourly.

Pink-Collar Workers

Employees working in job sectors traditionally considered to be dominated by women, such as nursing, teaching, and clerical work.

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