It Is Important for the CPA to Consider the Competence

question 53

Multiple Choice

It is important for the CPA to consider the competence of the clients' personnel because their competence has a direct impact upon the

• A) cost/benefit relationship of the system of internal control.
• B) achievement of the objectives of internal control.
• C) comparison of recorded accountability with assets.
• D) timing of the tests to be performed.

---

Definitions:

Ethical Standards

Principles that govern the conduct of individuals and organizations, promoting behaviors that are considered morally right and beneficial to society.

Qualitative Research

A research method focused on understanding concepts, thoughts, or experiences through in-depth analysis and subjective interpretations.

Cultural Diversity

Cultural diversity signifies the variety of human societies or cultures in a specific region, or in the world as a whole, highlighting the existence of multiple cultural traditions.

Contextual Diversity

The variation in environments or settings that can influence one’s experience and understanding of the world.