Which of the Following Items Should an Auditor Communicate to an Audit

question 125

Multiple Choice

Which of the following items should an auditor communicate to an audit committee?

• A)Any meaningful threats to auditor objectivity.
• B)The scope of the audit.
• C)The qualitative aspects of the entity's accounting and reporting and potential ways of improving financial reporting.
• D)All of the above.

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Definitions:

Ethical Issues

Situations or problems requiring a choice between actions that must be evaluated as right (ethical) or wrong (unethical) based on a moral framework.

Critical Path

A critical path is the sequence of project activities which add up to the longest overall duration, determining the shortest time possible to complete the project.

Positive Slack

The extra time available to complete a task beyond the scheduled time, which can help in managing delays in project management.

Immediate Predecessors

Tasks that must be completed directly before a subsequent task can begin in project management or process planning.