Tim is the lead auditor on an engagement with WRT Corporation.Before starting the audit, Tim planned and reviewed the schedule with his audit team.Which of the following generally accepted audit standards did Tim uphold by planning?
A)Independence
B)Professional care
C)Supervision
D)Disclosure

Question

Quizplus · Accepted Answer

Tim upheld the generally accepted audit standard of supervision by planning and reviewing the schedule with his audit team. This ensures the work is done effectively and efficiently by assigning tasks and delegating responsibilities to team members. Choices A, B, and D are not applicable to this scenario.

Tim Is the Lead Auditor on an Engagement with WRT