For the most part,auditors treat each transaction cycle
A)separately as the audit is being performed.
B)as an interrelated unit with the other cycles throughout the entire audit.
C)as a separate business unit with different audit teams.
D)as a joint venture with other clients in the same industry.

Question

Quizplus · Accepted Answer

Auditors treat each transaction cycle separately as the audit is being performed because it allows them to focus on the specific risks and controls associated with each cycle. This approach also helps to ensure that the audit is efficient and effective.

For the Most Part,auditors Treat Each Transaction Cycle