Examlex
Audit documentation should possess certain characteristics. Which of the following is true regarding those characteristics?
Needs Contract
A contract or agreement tailored to address and fulfill specific needs of the parties involved.
Good Faith
Acting with honest intentions without seeking to take unfair advantage in a transaction or situation.
Rule Of Requirements
A principle in contract law that dictates a seller must supply only the quantity of goods that a buyer requires, no less and no more.
Triple
Multiplication by three or having three parts; in some contexts, it may refer to a rating, niveau, or layer that is three times stronger, higher, or more intense.
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