The Approach to Auditing Where the Auditor Does Not Test

question 28

Multiple Choice

The approach to auditing where the auditor does not test automated controls to reduce assessed control risk is called:

• A)the single-stage audit.
• B)the test deck approach.
• C)auditing around the computer.
• D)generalized audit software (GAS).

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Definitions:

60 Minutes

A long-running American television news magazine program known for its investigative journalism and in-depth news reporting.

Philip Morris

Philip Morris is a multinational cigarette and tobacco manufacturing company, known for its involvement in the production and marketing of tobacco products.

Flak

Criticism or backlash, often from the public or media, against a particular action, policy, or person.

Legal Action

A formal process of seeking justice or resolving disputes through the law court system.