Generally Accepted Auditing Standards Are Divided into Three Groups

question 74

Multiple Choice

Generally accepted auditing standards are divided into three groups.Which of the following is a standard in the "reporting" group?

• A)Training
• B)Supervision
• C)Evidence
• D)Disclosure

---

Definitions:

Demographics

Statistical data relating to the population and particular groups within it, such as age, gender, income level, and education.

Internal Environment

The conditions, entities, events, and factors within an organization that influence its activities and choices.

Mission, Vision

The fundamental objectives and aspirational goals set by an organization to guide its strategic direction and decision making.

Trend Analysis

A method used to predict future movements by examining historical data.