Which of the Following Ultimately Determines the Specific Audit Procedures

question 51

Multiple Choice

Which of the following ultimately determines the specific audit procedures necessary to provide independent auditors with a reasonable basis for the expression of an opinion?

• A) The audit time budget.
• B) The auditors' judgment.
• C) Generally accepted accounting quality standards.
• D) The auditors' working papers.

---

Definitions:

Recreation Yard

An open space provided in institutions such as prisons or schools, intended for the purpose of recreation and physical activities.

State

An organized political community living under a single system of government; may also refer to the condition of something regarding its appearance, quality, or working order.

Institutions

Structures and mechanisms of social order and cooperation governing the behavior of a set of individuals within a given human community.

Lex Talionis

A principle of retributive justice which states that the punishment should fit the crime, often summarized as "an eye for an eye."