How Does the FASB Conceptual Framework Link Accounting Information Systems

question 24

Multiple Choice

How does the FASB Conceptual Framework link accounting information systems with auditing?

• A)Auditors must discuss whether the outputs of the AIS fulfill each of the qualitative characteristics in detail.
• B)Auditors prepare a report on some of the outputs of the AIS; those outputs contain the elements of financial statements from the conceptual framework.
• C)The purpose of accounting as stated in the conceptual framework is the same as the purpose of an AIS and the purpose of auditing.
• D)The conceptual framework does not link AIS with auditing.

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