Which of the Following Is a Factor That Creates a Need

question 115

Multiple Choice

Which of the following is a factor that creates a need for an independent auditor's assessment of the financial statement presentation?

• A)Complexity of transactions affecting the financial statements.
• B)Lack of criteria on which to base information.
• C)Remoteness of the user from the organization.
• D)Both A and C.

---

Definitions:

Organizational Socialization

The process through which new employees learn the values, norms, and expectations of an organization to become effective members.

Maintenance Culture

relates to the collective practices, values, and attitudes towards maintaining and preserving assets, equipment, and infrastructure in an organization or society.

Organizational Culture

Refers to the set of shared values, beliefs, and norms that influence the way employees think, feel, and behave within an organization.

Organizational Culture

The shared beliefs, values, norms, and practices that shape the behavior and interaction of members within an organization.