Which of the Following Statements Is Correct About an Auditor's

question 76

Multiple Choice

Which of the following statements is correct about an auditor's required communication with management and those charged with governance?

• A)Any matters communicated to those charged with governance are also required to be communicated to the entity's management.
• B)The auditor is required to discuss considerations relating to assessment of going concern.
• C)The auditor does not have any requirement to communicate with anyone outside of management.
• D)Weaknesses in internal control previously reported to those charged with governance are required to be communicated to those charged with governance after each subsequent audit until the weaknesses are corrected.

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Definitions:

Shadow Archetype

In Jungian psychology, a concept referring to the unconscious aspect of the personality which the conscious ego does not identify in itself, often embodying traits one dislikes or fears.

Collective Unconscious

A concept in Jungian psychology referring to the part of the unconscious mind which is derived from ancestral memory and experience and is common to all humankind.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for concepts like archetypes and the collective unconscious.

Raymond Cattell

A psychologist known for his research in personality, intelligence theory, and the application of factor analysis in psychology.