Which of the Following Statements Is Not True with Respect

question 26

Multiple Choice

Which of the following statements is not true with respect to the evidence that would be gathered when assessments of control risk are high?

• A)Auditors would be required to rely on external (rather than internal)forms of evidence.
• B)Auditors would be required to perform procedures at interim periods, rather than at year end.
• C)Auditors would be required to confirm a larger number of customer accounts receivable balances.
• D)Auditors would be required to obtain more evidence through direct personal observation.

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Definitions:

Reusable Materials

Items that can be used multiple times for the same or a new purpose, reducing waste and promoting sustainability.

Outdated Computers

Computers that have become obsolete due to advances in technology or software.

Supply Chain

The entire system of producing and delivering a product or service, from the supplier of raw materials to the customer.

Logistics Management

The part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption.