After General Audit Objectives Are Understood, Specific Audit Objectives for Each

question 107

Multiple Choice

After general audit objectives are understood, specific audit objectives for each account balance on the financial statements can be developed. Which of the following statements is true?

• A) There should be at least one specific objective for each relevant general objective.
• B) There will be only one specific objective for each relevant general objective.
• C) There will be many specific objectives developed for each relevant general objective.
• D) There must be one specific objective for each general objective.

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Definitions:

Slab Pull

A mechanism that contributes to plate tectonics, involving the subduction of oceanic plates pulling the trailing lithosphere into subduction zones.

Asthenosphere

The upper mantle's region directly beneath the lithosphere, characterized by high viscosity, mechanical weakness, and ductile deformation.

Oceanic Lithosphere

The rigid outer layer of the Earth under the ocean basins, composed of the crust and upper mantle that is specifically associated with oceanic regions.

Ridge Push

A tectonic process driven by gravitational forces that cause the spreading of the seafloor away from oceanic ridges.