A Limitation of an Audit Is Caused by

question 48

Multiple Choice

A limitation of an audit is caused by

• A)the need for the audit to be conducted within a reasonable period of time and at a reasonable cost.
• B)the nature of audit procedures.
• C)the nature of financial reporting.
• D)all of the above.

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Definitions:

Recall

The cognitive action of retrieving information or memories from the past.

County Seats

The administrative centers or capitals of counties, typically housing government offices and courthouses.

Morgantown

A city in West Virginia, known for housing West Virginia University.

Memory Acquisition

The process of obtaining new information and storing it in the brain.