Test prepared by Xaydarov Elbek hba-81i How do business expenses affect financial results?

Which of the following is a risk associated with inadequate documentation for audit obligations?

1. 
   Inaccurate financial reporting
   
2. 
   Delayed response to customer inquiries
   
3. 
   Difficulties in budget planning
   
4. 
   Non-compliance with ethical standards
   

Answers

1. 
   A
   
2. 
   C
   
3. 
   C
   
4. 
   A
   
5. 
   C
   
6. 
   A
   
7. 
   C
   
8. 
   A
   
9. 
   C
   
10. 
    D
    
11. 
    B
    
12. 
    A
    
13. 
    A
    
14. 
    A
    
15. 
    C
    
16. 
    C
    
17. 
    C
    
18. 
    A
    
19. 
    C
    
20. 
    D
    
21. 
    B
    
22. 
    A
    
23. 
    C
    
24. 
    A
    
25.