In Evaluating Cost of Evidence,which of the Following Evidence Qualities

question 53

Multiple Choice

In evaluating cost of evidence,which of the following evidence qualities of the audit usually has the lowest cost?

• A)High quality.
• B)Medium quality.
• C)Low quality.
• D)All cost the same.

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Definitions:

Extrinsic Rewards

Motivational incentives that come from an outside source, such as money, praise, or awards, as opposed to intrinsic rewards, which come from within oneself.

Livable Wage

A wage level that allows an individual or family to afford adequate shelter, food, and the other necessities of life in a particular society or geographic area.

Nonstandard Schedules

Work or activity schedules that fall outside the traditional 9-to-5, Monday-through-Friday pattern.

Workers

Individuals engaged in doing a job or work, typically in exchange for payment or salary.