Audit Documentation Is the Principal Record of the Audit and Provides

question 16

Multiple Choice

Audit documentation is the principal record of the audit and provides the principal support for the representations in the auditor's report. Because of this, audit documentation should do all of the following except for:

• A)demonstrate how the audit complied with auditing and related professional practice standards.
• B)support the audit firm's human resource department in employee retention decisions.
• C)support the basis for the auditor's conclusions concerning each material financial statement assertion.
• D)demonstrate that the underlying accounting records agreed or reconciled with the financial statements.

---

Definitions:

Approach Techniques

Strategies or methods used by salespeople to initiate contact with potential customers, establishing rapport and identifying customer needs.

Participative

A style of management or decision-making that involves input and active participation from all stakeholders or group members.

First Impressions

The initial perception or judgment formed by someone when they first meet another person or encounter something for the first time, often difficult to alter.

Conservative Clothing

Attire that is traditional or modest in style, often preferred in formal or professional settings.