Which of the Following Is Not a Question an Auditor

question 77

Multiple Choice

Which of the following is not a question an auditor considers in deciding whether to pursue a lower control risk approach prior to substantive testing?

• A)Is the design of the control effective?
• B)Does the control promote operational efficiency?
• C)Is it cost effective to test controls?
• D)Are controls operating effectively?

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Definitions:

Fancy Restaurant

A high-end dining establishment known for its quality cuisine, superior service, and often, a refined atmosphere.

Ingredients

The components or elements that are combined to create a product, often used in the context of cooking or manufacturing.

Final Market Value

The total worth of a product or service determined at the point of sale, reflecting the end price paid by consumers.

Production Stages

Production stages refer to the various phases involved in creating a product, from initial design and raw material sourcing to manufacturing, finishing, and eventually, distribution.