Which of the Following Statements Regarding the Auditing of Accounting

question 56

Multiple Choice

Which of the following statements regarding the auditing of accounting information systems is NOT true?

• A)When conducting an audit,the auditors should consider legislative requirements
• B)When conducting an audit,the auditors should consider professional requirements
• C)When conducting an audit,the auditors should consider prescriptions of various accounting standards
• D)When conducting an audit,the auditors do not need to worry about the unique characteristics of an individual client

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Definitions:

Scope of Strategic Fit

Refers to the alignment between an organization's strategies, resources, and capabilities with the external environment to achieve competitive advantage.

Uncertain Demand

The unpredictability of customer demand due to various factors such as market trends, seasonality, and economic conditions.

Supply Chain

A network of businesses and activities involved in the creation and delivery of a product or service from the raw material stage through to the end customer.

Scope of Strategic Fit

Concerns the alignment between a company's operational capabilities and its strategic goals, ensuring that operations are geared towards achieving long-term objectives.