For Good Form,each Audit Evidence Paper Should Be Indexed Using

question 19

Multiple Choice

For good form,each audit evidence paper should be indexed using a standard system of letters and numbers.The main purpose of this practice is to allow ________.

• A)other papers to be easily cross-referenced so that connections among accounts can be followed
• B)a check of the completeness of working papers
• C)working papers to be easily re-filed if they are taken out of the file or when the paper is first created
• D)auditors to prove that they have performed sufficient work to support their audit opinion

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Definitions:

Pepsi

A carbonated soft drink produced and manufactured by PepsiCo, known worldwide and serving as a major competitor to Coca-Cola.

Pizza

A popular dish of Italian origin consisting of a flat round base of dough topped with tomatoes, cheese, and various other ingredients, baked quickly.

Trade-off

A case where the gain of one property or aspect comes at the cost of losing another.

Budget Constraints

Refers to the limitations on the consumption choices of individuals or entities due to their available resources, such as income or wealth.