Which of the following is an example of the appropriate implementation of a system of quality control?
A)The firm requires all documents obtained during the audit to be destroyed immediately following the engagement to ensure the client's information remains confidential.
B)The firm's quality control policies have evolved through the performance of audit procedures but are not formally developed or communicated to staff members.
C)All firm employees must verbally confirm their compliance with the appropriate independence requirements before being assigned to an engagement.
D)The firm uses manuals and standardized forms for audit documentation to help ensure engagement performance objectives and quality standards are met.

Question

Quizplus · Accepted Answer

Using manuals and standardized forms for audit documentation is an example of the appropriate implementation of a system of quality control as it helps ensure engagement performance objectives and quality standards are met. The other choices do not necessarily demonstrate the appropriate implementation of a system of quality control. A requires the destruction of documents, but does not address quality control. B suggests that the quality control policies are not formally developed or communicated which can lead to inconsistencies in procedures across the firm. C requires employees to confirm their independence requirements but does not ensure that quality control measures are in place.

Which of the Following Is an Example of the Appropriate