Given the Economic and Time Constraints in Which Auditors Can

question 14

Multiple Choice

Given the economic and time constraints in which auditors can collect evidence about management assertions about the financial statements, the auditor normally gathers evidence that is:

• A)irrefutable.
• B)conclusive.
• C)persuasive.
• D)completely convincing.

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Definitions:

Megakaryocyte

A large bone marrow cell responsible for the production of blood thrombocytes (platelets), which are necessary for blood clotting.

Monocyte

A monocyte is a type of white blood cell part of the human body's immune system that fights off viruses, bacteria, and fungi; these cells can differentiate into macrophages and dendritic cells.

Hematocrit Value

The proportion of blood volume that is occupied by red blood cells, expressed as a percentage.

Polycythemia

A blood disorder characterized by an increased number of red blood cells, leading to increased blood viscosity.