The PCAOB Auditing Standards Require the Auditor to Provide Which

question 58

Multiple Choice

The PCAOB Auditing Standards require the auditor to provide which of the following?

• A)Reasonable assurance on the financial statements, absolute assurance on internal control.
• B)Reasonable assurance on internal control, absolute assurance on the financial statements.
• C)Absolute assurance on both the financial statements and internal control.
• D)Reasonable assurance on both the financial statements and internal control.

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Definitions:

Critical Thinking

The ability and willingness to assess claims and make judgments on the basis of well-supported reasons and evidence rather than emotion or anecdote.

Competent Work

Work performed to a standard that meets or exceeds expectations, demonstrating proficiency and skill.

Unmotivated

Lacking the desire or drive to engage in activities or pursue goals.

Biological Research

The scientific study of the life processes and phenomena of living organisms, including their genetics, biochemistry, and cellular structure.