Which of the Following Is a Use of Audit Documentation

question 47

Multiple Choice

Which of the following is a use of audit documentation?

• A)Assisting the engagement team in planning and performing the audit.
• B)Assisting members of the engagement team responsible for supervising and reviewing the audit work.
• C)Retaining a record of matters of continuing significance to future audits of the same organization.
• D)All of the above.

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Definitions:

Longitudinal Evidence

Data gathered from the same subjects repeatedly over a period of time to observe changes and developments, providing insight into effects and patterns that emerge over the long term.

Pessimist

An individual who tends to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.

Thwarted Need

A desire or requirement that has been prevented from being achieved or satisfied.

Power Motive

Wanting to have an impact on others.