Which of the Following Statements Is Not True

question 130

Multiple Choice

Which of the following statements is not true?

• A) Balance-related audit objectives are applied to ending account balances.
• B) Transaction-related audit objectives are applied to classes of transactions.
• C) Balance-related audit objectives are applied to the ending balance in balance sheet accounts.
• D) Balance-related audit objectives are applied to both beginning and ending balances in balance sheet accounts.

---

Definitions:

Quality

The measure of excellence or state of being free from defects, deficiencies, and significant variations, brought by strict and consistent adherence to measurable and verifiable standards to achieve uniformity of output.

Object

Any entity that is tangible or intangible, capable of being recognized, described, and possibly interacted with.

Emotional Ways

Approaches or methods that are heavily influenced by or appeal to emotions, often used in making decisions or in interpersonal communications.

Branding

involves creating a distinct image, identity, and reputation for a product, service, or organization in the mind of the target audience, using elements such as logos, messaging, and design.