Which of the Following Statements Is True Regarding the Performance

question 40

Multiple Choice

Which of the following statements is true regarding the performance of an assurance service on an information system's reliability by an auditor?

• A)The service will require the auditor to apply all of the auditing standards.
• B)The performing of this service does not require suitable criteria to be available.
• C)Performing the service must be undertaken in accordance with approved accounting standards.
• D)The service may be performed even though there are no standards currently issued by the Australian Auditing and Assurance Standards Board (AUASB).

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Definitions:

Intends

Plans or aims to carry out a specific action in the future.

Disaffirm

The act of rejecting or voiding a contract or agreement, especially one entered into by a minor or under conditions that make it voidable.

Minor

An individual under the legal age of adulthood, generally unable to enter into enforceable contracts except for certain necessities.

Limited Capacity

A legal status or condition that restricts an individual's ability to legally enter into contracts due to factors like age, mental competency, or intoxication.