When Auditing Expense Accounts,which of the Following Would the Auditor

question 51

Multiple Choice

When auditing expense accounts,which of the following would the auditor be least likely to subject to a detailed test of transactions?

• A)legal expense
• B)utilities expense
• C)repairs and maintenance expense
• D)travel expense

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Definitions:

Doing Things Right

Refers to the emphasis on efficiency and accuracy in executing tasks, usually contrasting with doing the right things, which is more about strategic correctness.

Project Goals

Defined objectives and targets that a project aims to achieve within a set timeline.

Organizational Goals

Objectives that a company aims to achieve in a set period.

Planning

The process of defining goals, establishing strategies, and outlining tasks and schedules to accomplish the goals.