Which of the Following Is a General Audit Test

question 28

Multiple Choice

Which of the following is a general audit test?

• A)Fee assessment procedures.
• B)Tests of controls.
• C)Preparation of corporate tax returns.
• D)Active testing procedures.

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Definitions:

Market Segmentation

The process by which companies cluster customers into homogeneous groups.

Consumer Base

The group of customers or potential customers who are considered the target market for a product or service.