Andile Uzoma Is the CEO of Chibuzo Incorporated

question 79

Multiple Choice

Andile Uzoma is the CEO of Chibuzo Incorporated.The board of directors has recently demanded that they receive independent assurance regarding the financial statements,which are generated using an accounting information system.Which type of audit would best suit the demands of the board of directors?

• A) financial audit
• B) information system audit
• C) operational audit
• D) sustainability audit

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Definitions:

Substance Goals

Objectives focused on tangible outcomes or the core essence of what an organization seeks to achieve.

Negotiation Outcomes

The results or agreements reached at the end of a negotiation process between parties.

Principled Negotiation

A negotiation strategy that focuses on mutual interests and objectives rather than positions, aiming for a fair outcome for all parties.

Final Agreement

The conclusive arrangement or contract reached by parties after negotiations or discussions, often legally binding.