Which of the Following Procedures Would an Auditor Ordinarily Perform

question 47

Multiple Choice

Which of the following procedures would an auditor ordinarily perform during the review of subsequent events?

• A) An analysis of related party transactions for the discovery of possible irregularities.
• B) A review of the cut-off bank statements for the period after the year-end.
• C) An inquiry of the client's legal counsel concerning litigation.
• D) An investigation of material weaknesses in internal control previously communicated to the client.

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Definitions:

Distributive Justice

The degree to which people think outcomes are fair.

Degree Perceive

The extent to which an individual is aware of or understands a certain situation or phenomenon.

Organizational Justice

The extent to which employees perceive workplace procedures, interactions, and outcomes to be fair in nature.

Distributive Justice

The perceived fairness of the allocation or distribution of resources among individuals or groups.