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Andile Uzoma Is the CEO of Chibuzo Incorporated

question 22

Multiple Choice

Andile Uzoma is the CEO of Chibuzo Incorporated.The board of directors has recently demanded that they receive more assurance that internal controls surrounding the company's information system are effective.Which type of audit would best suit the demands of the board of directors?


Definitions:

Down-sloping

A characteristic of certain economic graphs, like demand curves, which indicates that as the price of an item goes down, demand for it increases.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various price levels, holding all other factors constant.

Supply Curve

A graphical representation that shows the relationship between the price of a good or service and the quantity of that good or service that a supplier is willing and able to supply at those prices.

Graph

A visual representation of data or mathematical functions using a system of coordinates or other symbols.

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