Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is TRUE about cost accounting and auditors? Answers: a. Cost accounting information can be important for auditors as they assess audit

Which of the following is TRUE about cost accounting and auditors?

Answers: a.

Cost accounting information can be important for auditors as they assess audit risk.

b.

Environmental audits and ISO audits often check the major components of a firm's cost accounting work.

c.

Auditors must consider cost accounting information because this information is primarily intended for external audiences that auditors serve.

d.

There is NO auditing standard that suggests auditors consider a manager's strategy and objectives (or the related cost accounting information).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Modern Auditing

Authors: Graham Cosserat

2nd Edition

0470863226, 978-0470863220

More Books

Students also viewed these Accounting questions

Question

Solve the given equation. 6r 3 9r 2 + 3 = 0

Answered: 1 week ago