SAS No.99 Requires That Auditors

question 62

Multiple Choice

SAS No.99 requires that auditors

• A)plan audits based on an analysis of fraud risk.
• B)detect all material fraud.
• C)alert the Securities and Exchange Commission of any fraud detected.
• D)take all of the above actions.

---

Definitions:

Inspirational Motivation

The ability to inspire and motivate others towards achieving shared goals or visions through positive reinforcement, enthusiasm, and emotional appeal.

Articulate A Vision

The ability to clearly express a compelling future state or goal that motivates and guides others.

Appealing

Having an attractive or interesting quality that draws attention or desire.

Leader-member Exchange Theory

A theory suggesting that leaders develop unique relationships with each member of their team, which can affect the team's dynamics and performance.