Factors the auditor should understand as a part of his understanding of business Operations and Processes including of the following except : 1-Information about related parties 2-Effectiveness and efficiency of operations 3-Major sources of revenue 4-Sources of financing

Factors the auditor should understand as a part of his understanding of business Operations and Processes including of the following except : 1-Information about related parties 2-Effectiveness and efficiency of operations 3-Major sources of revenue 4-Sources of financing

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter9: Auditing The Revenue Cycle

Section: Chapter Questions

Problem 23MCQ

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Question

Factors the auditor should understand as a part of his understanding of business Operations and Processes including of the following except :

1-Information about related parties

2-Effectiveness and efficiency of operations

3-Major sources of revenue

4-Sources of financing

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