A company's business processes were at the managed level of the capability maturity model in 2011 and at the optimized level of the capability maturity model in 2012.Which of the following statements is most true?
A)Based on the generally accepted auditing standard of consistency, the auditors must disclose the change.
B)The auditors must issue an unmodified report since the organization's processes are not chaotic.
C)Both based on the generally accepted auditing standard of consistency, the auditors must disclose the change and the auditors must issue an unmodified report since the organization's processes are not chaotic are true.
D)Neither based on the generally accepted auditing standard of consistency, the auditors must disclose the change nor the auditors must issue an unmodified report since the organization's processes are not chaotic is true.

Question

Quizplus · Accepted Answer

The capability maturity model primarily relates to the internal processes and operational maturity of an organization, not directly to financial reporting standards or consistency that auditors must adhere to. Therefore, changes in the maturity level do not directly impact the auditors' obligation to disclose changes or the type of audit report issued, as these decisions are based on financial consistency and accuracy, not operational process maturity.

A Company's Business Processes Were at the Managed Level of the Capability