Which of the Following Statements Is Not True with Respect

question 26

Multiple Choice

Which of the following statements is not true with respect to the evidence that would be gathered when assessments of control risk are high?

• A)Auditors would be required to rely on external (rather than internal)forms of evidence.
• B)Auditors would be required to perform procedures at interim periods, rather than at year end.
• C)Auditors would be required to confirm a larger number of customer accounts receivable balances.
• D)Auditors would be required to obtain more evidence through direct personal observation.

---

Definitions:

Marketing Utility

The added value or benefit that a company provides to its products or services to satisfy customer needs and wants.

Utilities

Essential services provided to the public, including water, electricity, natural gas, and telecommunications.

Relationship Marketing

A strategy designed to foster customer loyalty, interaction, and long-term engagement, often through personalized communication and quality customer service.

Twitter

A social media platform that allows users to post and interact with messages known as "tweets," limited to 280 characters, facilitating rapid and broad communication.