Which of the Following Statements Is Correct

question 41

Multiple Choice

Which of the following statements is correct?

• A) Tests of account balances can often provide evidence about the continued functioning of controls.
• B) An ineffective entity-level control environment may allow the auditor to limit their tests of controls to enquiry and observation.
• C) Auditors do not need to investigate any control exceptions identified during their testing.
• D) Tests of account balances never provide evidence about the continued functioning of controls.

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Definitions:

Testing for DNA

The process of examining a sample to identify the genetic material present, often used in forensic science, paternity testing, and genetics research.

Particulate

Relating to small distinct particles, often used in contexts like pollution (particulate matter) referring to tiny particles suspended in air.

Genes

Units of heredity made up of DNA that are responsible for the genetic traits passed from parents to offspring.

DNA

Deoxyribonucleic Acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.