An Audit Plan Contains

question 97

Multiple Choice

An audit plan contains

• A) Specifications of audit standards relevant to the financial statements being audited.
• B) Specifications of procedures the auditors believe appropriate for the financial statements under audit.
• C) Documentation of the assertions under audit, the evidence obtained, and the conclusions reached.
• D) Reconciliation of the account balances in the financial statements with the account balances in the client's general ledger.

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Definitions:

Id

In Freudian psychoanalysis, the part of the mind in which innate instinctive impulses and primary processes are manifest.

Ego

In psychology, a component of Sigmund Freud's psychoanalytic theory that mediates between the desires of the id, the demands of the super-ego, and the realities of the external world.

Archetype

A universally recognized symbol or character that transcends time and culture, often found in myths, stories, and dreams.

Biological Maturation

The process by which organisms grow and develop according to their genetic timetable, resulting in a predictable sequence of physical changes.