The Auditor Uses Professional Judgment to Determine Whether Sufficient Appropriate

question 115

Multiple Choice

The auditor uses professional judgment to determine whether sufficient appropriate audit evidence has been obtained to reduce audit risk to an acceptable low level.The audit evidence might come from

• A)internal control evidence
• B)substantive tests of controls
• C)a combination of internal control evidence and substantive evidence
• D)a combination of substantive tests and analytical procedures

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Definitions:

Calcitonin

Calcitonin is a hormone produced by the thyroid gland that helps regulate calcium levels in the blood by lowering them.

Glycogenolysis

Glycogenolysis is the metabolic process of breaking down glycogen into glucose, which serves as an important energy source for the body during physical activity or between meals.

Gluconeogenesis

The metabolic process by which organisms produce glucose from non-carbohydrate substrates such as amino acids and glycerol, especially significant during periods of fasting or intense exercise.

Glycogen Synthesis

The process of converting glucose into glycogen, which is stored in the liver and muscle cells for energy.