An Audit Program Should Be Designed for Each Individual Audit

question 33

Multiple Choice

An audit program should be designed for each individual audit and should include audit steps and procedures to:

• A)ensure that only material items are audited.
• B)detect all fraud.
• C)identify all internal control weaknesses.
• D)ensure an efficient and effective audit.

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Definitions:

Inversion

A condition where something is turned inside out or upside down, or a genetic condition where a segment of a chromosome is reversed end to end.

Eversion

The movement of turning a body part outward or away from the center of the body.

Carpal

Pertaining to the bones of the wrist.

Carp

Large group of freshwater fish that are found in most parts of the world, often noted for their ability to thrive in various water conditions.