Which of the following characteristics is not considered necessary in determining whether the criteria are suitable? a. Reliability b. Relevance c. Neutrality d. Sufficiency

Which of the following characteristics is not
considered necessary in determining
whether the criteria are suitable?
a. Reliability
b. Relevance
c. Neutrality
d. Sufficiency
by

1 Answer

Answer :

Sufficiency
by

Related questions

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The benefits of an operational audit generally include all of the following except a. Decreased costs. b. Increased revenue c. Increased productivity. d. Increased reliability of the financial statement

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An attestation engagement is one in which a CPA is engaged to: a. Assemble prospective financial statements based on the assumptions of the entity's management without expressing any Testify as an expert witness in accounting, auditing or tax matters, given certain stipulated facts. b. assurance. c. Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party. d. Provide tax advice or prepare a tax return based on financial information the CPA has not audited or reviewed.

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It refers to the level of auditor’s satisfaction as to the reliability of an assertion being made by one party for use by another party. a. Confidence level b. Assurance level c. Reasonableness level d. Tolerable leve

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Which of the following concepts is most useful in assessing the scope of an auditor's program relating to various accounts? a. Attribute sampling b. Management fraud c. Materiality d. The reliability of information

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When performing a compilation engagement, the accountant is required to a. Make inquiries of management to assess the reliability and completeness of the information provided. b. Assess internal controls. c. Verify matters and explanations. d. Obtain a general knowledge of the business and operations of the entity.

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