Which of the Following Statements Is True Regarding the Distinction

question 69

Multiple Choice

Which of the following statements is true regarding the distinction between general audit objectives and specific audit objectives for each class of transactions?

• A) The specific audit objectives are applicable to every class of transactions.
• B) The general audit objectives are applicable to every class of transactions.
• C) Once the specific transaction-related audit objectives are established, they can be used to develop the general transaction-related objectives.
• D) For any given class of transactions, usually only one audit objective must be met to conclude the transactions are properly recorded.

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Definitions:

Adrenal Insufficiency

A condition where the adrenal glands produce insufficient amounts of certain hormones, including cortisol and sometimes aldosterone.

Bolus Dose

A large dose of a substance given by injection into a vein over a short period of time.