19) Comparing your client with the industry can accomplishes which of the following: A) Understanding of the client's business B) Discovery of errors in client's financials C) Better understanding of client's budgets D) Quality of client's internal control
19) Comparing your client with the industry can accomplishes which of the following: A) Understanding of the client's business B) Discovery of errors in client's financials C) Better understanding of client's budgets D) Quality of client's internal control
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 14CYBK
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Question
19) Comparing your client with the industry can accomplishes which of the following:
A) Understanding of the client's business
B) Discovery of errors in client's financials
C) Better understanding of client's budgets
D) Quality of client's internal control
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