Findings and observations are audit terms. The best relationship between these terms is which of the following?

Question

Quizplus · Accepted Answer

Observations are the things that are seen or noted during an audit, while findings are the results of the analysis of those observations. Therefore, observations generally support findings, making option C the best choice. Option A is incorrect because findings are usually broader in scope than individual observations. Option B is incorrect because both observations and findings can be seen or discovered. Option D is incorrect because both observations and findings can be reported in writing or verbally.

Findings and Observations Are Audit Terms