Which of the following BEST (select one) describes why the audit universe should be aligned with business strategic objectives? a) Ensures appropriate resources are assigned to conduct the audit. b) The audit charter requires alignment with business objectives. c) Aids in the development of the audit schedule and audit budget. d) Links the entire audit process to entity-wide business strategic objectives.
Which of the following BEST (select one) describes why the audit universe should be aligned with business strategic objectives? a) Ensures appropriate resources are assigned to conduct the audit. b) The audit charter requires alignment with business objectives. c) Aids in the development of the audit schedule and audit budget. d) Links the entire audit process to entity-wide business strategic objectives.
Chapter2: Audits Of High-risk Accounts
Section2.5: Lipper Holdings, Llc
Problem 2Q
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Which of the following BEST (select one) describes why the audit universe should be aligned with business strategic objectives?
a) Ensures appropriate resources are assigned to conduct the audit.
b) The audit charter requires alignment with business objectives.
c) Aids in the development of the audit schedule and audit budget.
d) Links the entire
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