Which of the Following Would Be Included in the Audit

question 21

Multiple Choice

Which of the following would be included in the audit strategy document?

• A)The number of sales transactions to be tested.
• B)The decision as to the combination of substantive testing and tests of control that would be adopted.
• C)A flowchart of the entity's internal control system.
• D)The results of the interim testing of payroll.

---

Definitions:

Customer Engagement

The process of creating a deeper, emotional connection between a business and its customers, encouraging ongoing interaction and loyalty.

Customer Satisfaction

The measure of how products or services meet or surpass customer expectations, often a key indicator of business success.

Economic Needs

The requirements necessary for maintaining an adequate standard of living, including food, shelter, and healthcare.

Shareholder Profits

The financial gains distributed to shareholders of a corporation, typically derived from earnings or capital gains.