- 1 Marks
Question
Quality control in audit is maintained by professional accountancy bodies through all the following EXCEPT:
- A. Publishing of auditing standards
- B. Publishing of accounting standards
- C. Encouraging members to be computer literate
- D. Publishing code of conduct for members
- E. Establishment of public practice sector
Answer
C
Explanation: The answer is C. Encouraging members to be computer literate. While computer literacy is beneficial, it does not directly contribute to the quality control framework in audits. Quality control in auditing is maintained through standards, codes of conduct, and regulations specific to auditing practices, rather than general skills like computer literacy.
- Tags: Audit Standards, Professional Conduct, Public Practice, Quality control
- Level: Level 3
- Topic: Quality Control in Audit Firms
- Series: NOV 2011
- Uploader: Dotse