In Order to Achieve Effective Quality Control, a Firm of Independent

question 38

Multiple Choice

In order to achieve effective quality control, a firm of independent auditors should establish policies and procedures for

• A) Determining the minimum procedures necessary for unaudited financial statements.
• B) Setting the scope of audit work.
• C) Deciding whether to accept or continue a client.
• D) Setting the scope of internal control study and evaluation.

---

Definitions:

Best Ideas

The most effective, efficient, or creative solutions or suggestions brought forth in a given context.

Alpha Testing

An early stage of software testing conducted primarily by developers or in a controlled environment to identify bugs before release to end users.

Prototype

The first physical form or service description of a new product, still in rough or tentative form, that has the same properties as a new product but is produced through different manufacturing processes, sometimes even crafted individually.

Stability

A state of steadiness and balance in which changes are gradual and manageable, often desired in economic, social, and political contexts.