ISO 9000 Is Only Relevant to International Suppliers

question 14

True/False

ISO 9000 is only relevant to international suppliers.

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Definitions:

Fraud

Deliberate deception or misrepresentation intended to result in financial or personal gain at the expense of another party.

Auditor Liability

pertains to the legal responsibility auditors bear for failing to detect or report inaccuracies in financial statements they audit, leading to damages for users of these statements.

Normal Audit

A regular examination and evaluation of an entity's financial statements and records to ensure accuracy and compliance with accounting standards and regulations.

Professional Responsibilities

Duties and obligations associated with a profession, often guided by codes of conduct to ensure ethical and competent practice.