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What Are the Most Common Forms of Documentation Used by Auditors

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Essay

What are the most common forms of documentation used by auditors to document their understanding of internal controls?


Definitions:

Criterion Data

Criterion data are objective measures used as standards to evaluate the performance or outcomes of tests, procedures, or candidates in various contexts.

Sound Criterion

A valid and reliable standard or benchmark used for making judgments or decisions.

Characteristics

Distinctive traits or features that define an individual, object, or concept.

Validity

refers to the extent to which a test or instrument measures what it is supposed to measure.

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