Audit documentation is critical to evidence gathering because:
A. It demonstrates that an audit has been conducted
B. It substitutes for making audit judgments and estimates
C. It demonstrates professional skepticism
D. All of the above
Answer: C
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Which of the following attributes of internal control would be violated if the accounting clerk wrote checks to pay accounts payable?
a. Adequate design of documents b. Sound personnel procedures c. Periodic independent verification d. Separation of duties
The type of performance management system where a company analyzes the performance of an individual "from all sides" is known as:
A. the critical incidents method. B. behaviorally anchored rating scale. C. MBO. D. narrative method. E. 360-degree performance appraisals.
Article III of the Constitution states that the judicial power of the United States shall be vested in one Supreme Court and:
a. such lower courts as the Supreme Court establishes. b. such lower courts as Congress may establish. c. a system of special courts, district courts, and courts of appeals. d. a system of lower federal courts and such state courts as each state legislature provides.
A sequence diagram emphasizes the order of interactions in time
Indicate whether the statement is true or false