Which of the Following Audit Objectives Is Least Important in the Audit

question 71

Multiple Choice

Which of the following audit objectives is least important in the audit of capital stock and paid-in-capital in excess of par?

• A) completeness
• B) accuracy
• C) rights and obligations
• D) presentation and disclosure

---

Definitions:

Behavior

The actions or reactions of an individual or group in response to external or internal stimuli.

Transferring of Information

The process of conveying data, knowledge, or details from one person, place, or system to another.

Agreed Upon Meaning

A mutual understanding or interpretation of a term or concept established through communication or negotiation.

Digital Media

Content or media that is encoded in machine-readable formats and accessed or distributed via digital technologies.