TB MC Qu$.02-37$ An audit performed in accordance with...

An audit performed in accordance with generally accepted auditing standards should:

Multiple Choice

be expected to provide absolute assurance that noncompliance with all laws will be detected where internal control is effective.

be relied upon to disclose violations of truth in lending laws.

encompass a plan to actively search for all illegalities which relate to operating aspects.

not be relied upon to provide absolute assurance that all noncompliance with laws will be detected.