Multiple Choice
Which of the following controls is least likely to be relevant to a financial statement audit?
A) Procedures that prevent the excess use of materials in production.
B) Policies that relate to compliance with income tax regulations.
C) Use of computer passwords to limit access to data files.
D) Generation of production statistics used to evaluate variances.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Which of the following fraudulent activities most
Q62: The confirmation of customers' accounts receivable rarely
Q75: An auditor wishes to perform tests of
Q92: The purpose of segregating the duties of
Q745: In evaluating the reasonableness of an accounting
Q746: In connection with a proposal to obtain
Q747: Grant Company's financial statements adequately disclose uncertainties
Q748: An auditor most likely would analyze inventory
Q752: Davis, CPA, accepted an engagement to audit
Q754: Management of Edington Industries plans to disclose