Which of the Following Most Indicates a Situation Where an Organization

question 2

Multiple Choice

Which of the following most indicates a situation where an organization would be deemed by the PA to be "not auditable"?

• A)As part of an aggressive growth strategy,the company's operations will soon extend to multiple countries.
• B)Management's intention is to take the company global within the next three years.
• C)Due to what it perceives as unacceptably high legal liability exposure,company management will not commit to providing the auditor with written representations.
• D)Because the company's shares are traded on the New York Stock Exchange,its financial statements are prepared according to U.S.GAAP.

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Definitions:

P2P Networks

Peer-to-peer networks are decentralized communications models where each party has the same capabilities and either party can initiate a communication session.

Large Numbers

Numerical values that are significantly large in magnitude, often requiring special methods for their computation or representation.

Ring Network

A network topology in which each node connects to exactly two other nodes, forming a single continuous pathway for signals through each node - a ring.

Data Flows

The movement of data among processes, systems, or components, often visualized within diagrams to represent interactions.