Which of the Following Exemplifies the Role of an External

question 28

Multiple Choice

Which of the following exemplifies the role of an external auditor?

• A) Victor recorded the transactions entered in to by Trident, Inc. in the proper accounting period.
• B) Victor prepared the annual budget of Trident, Inc., and he also helped the department heads prepare budgets for each department.
• C) Victor evaluated the internal controls of Trident, Inc. and reported on the financial position as at the year end.
• D) Victor conducted an investigation into the affairs of Trident, Inc. to allay suspicions of mismanagement of funds.

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Definitions:

Speed

The rate at which someone or something is able to move or operate, or the ability to move quickly.

Stimulus Generalization

The tendency of a learned response to occur in the presence of stimuli similar to the original stimulus that elicited the response.

Older-Looking Woman

Refers to a woman who appears to be older than her chronological age, due to factors such as physical features or styling.

Surprise

An emotional response to an unexpected event, which can range from mild to intense depending on the nature of the surprise.