If the Population Is Not Considered Acceptable, One Step the Auditor

question 124

Multiple Choice

If the population is not considered acceptable, one step the auditor is likely to take is to

• A) retest all internal controls.
• B) ask the client to adjust the account balance.
• C) test the entire population.
• D) decrease inherent risk.

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Definitions:

Moral Idealism

An ethical philosophy that places importance on principles and moral values in decision making.

Consumer Bill of Rights

A declaration of the basic rights afforded to consumers, such as the right to safety, to be informed, to choose, and to be heard.

Moral Philosophers

Individuals who study principles or problems of right and wrong conduct, ethics, and moral philosophy.

Moral Idealism

A personal moral philosophy that considers certain actions to be universally right or wrong, independent of the outcomes they produce.