The audit team normally advises the auditee immediately upon the discovery of a finding during an audit. Which of the fo

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

The audit team normally advises the auditee immediately upon the discovery of a finding during an audit. Which of the fo

Post by answerhappygod »

The audit team normally advises the auditee immediately upon the discovery of a finding during an audit. Which of the following items is (are) valid reasons for taking this action?
I. If corrected immediately, the findings may be eliminated from the audit report.
II. If corrected immediately, it shows genuine auditee interest in the objectives of the audit.
III. If corrected immediately, it demonstrates the strength of an ongoing audit program.

A. I only
B. III only
C. II and III only
D. I, II and III
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!

This topic has 1 reply

You must be a registered member and logged in to view the replies in this topic.


Register Login
 
Post Reply