An Auditor's Decision Concerning Whether or Not to "Dual Date

question 65

Multiple Choice

An auditor's decision concerning whether or not to "dual date" the audit report is based upon the auditor's willingness to

• A) Extend auditing procedures.
• B) Accept responsibility for all events between year-end and the audit report date.
• C) Permit inclusion of a footnote captioned: event (unaudited) subsequent to the date of the auditor's report.
• D) Assume responsibility for events subsequent to the issuance of the auditor's report.

---

Definitions:

Empowered Group

A team or group that has been given the authority, resources, and confidence to make decisions and take actions toward achieving defined objectives.

Environmental Uncertainty

A condition in which there is a lack of information about the external conditions that affect an organization's decision-making processes.

Delegator

A leader or manager who assigns responsibility and authority for tasks and decisions to subordinates or team members.

Empowerment

The process of giving individuals or groups the autonomy, resources, and capacity to make decisions and take actions that affect their work or community life.