When Planning an Audit,which of the Following Is Not a Factor

question 7

Multiple Choice

When planning an audit,which of the following is not a factor that affects auditors' decisions about the quantity,type,and content of audit documentation?

• A) The auditors' need to document compliance with generally accepted auditing standards.
• B) The existence of new sales contracts important for the client's business.
• C) The auditors' judgment about their independence with regard to the client.
• D) The auditors' judgments about materiality.

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Definitions:

Laissez-faire Leader

A leadership style characterized by a hands-off approach, where leaders provide minimal direction and allow team members to make decisions.

Authority

The authority or capability to make decisions, issue commands, and ensure compliance.

Chaos

A state of extreme confusion and disorder, where there is little to no predictability or control.

Strategic Leaders

Individuals who have the responsibility of guiding an organization towards achieving its long-term goals and objectives.