An Audit

question 242

Multiple Choice

An audit:

• A) Is required for every business.
• B) Is an independent review of an organization's accounting systems and records.
• C) Is performed to add credibility to the financial statements.
• D) Is only performed for companies with computerized accounting systems.
• E) Is an independent review of an organization's accounting systems and records and is performed to add credibility to the financial statements.

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Definitions:

Greenhouse

Refers to the trapping of the sun's warmth in a planet's lower atmosphere due to the presence of greenhouse gases, leading to an increase in temperature.

Atmospheric

Related to or occurring within the Earth's atmosphere, involving aspects like weather, climate, and air quality.

Tree-Ring Data

A method of dating that analyses the growth rings of trees to understand historical climate conditions, date archaeological sites, or study past volcanic eruptions.

Atmospheric Warming

The increase in Earth's average surface temperature due to rising levels of greenhouse gases in the atmosphere.