Which of the Following Is Not a Weakness of Using

question 133

Multiple Choice

Which of the following is not a weakness of using industry averages for auditing?

• A) The industry data are broad averages.
• B) Different companies follow different accounting methods.
• C) They can be helpful in identifying potential misstatements.
• D) All of the above are weaknesses.

---

Definitions:

Hostility/Aggression

Negative emotions or behaviors directed towards others, often stemming from anger or frustration.

Relationship

A connection, association, or involvement between two or more individuals, entities, or concepts, which can vary in nature and significance.

Communicating

The process of sharing information, feelings, or thoughts between individuals or groups through speaking, writing, or other methods.

Retreat

The act of withdrawing or moving back, often used in the context of strategic withdrawals in military operations or as a means of finding peace and quiet.