Which of the Following Auditing Procedures Is Ordinarily Performed Last

question 56

Multiple Choice

Which of the following auditing procedures is ordinarily performed last?

• A)Confirming accounts payable.
• B)Testing the purchasing function.
• C)Reading the minutes of directors' meetings for evidence of authorization of acquisition of fixed assets.
• D)Obtaining a management representation letter.

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Definitions:

Catastrophic Stress

A type of severe stress resulting from an event that is perceived as a disaster, leading to significant emotional, psychological, or physical distress.

Post-traumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Acute Stress Disorder

A mental health condition involving symptoms of anxiety and dissociation that occur within a month after exposure to a traumatic event.

External Locus

of control is a belief that outcomes in one’s life are determined by external forces beyond personal control.