According to IIA guidance, which of the following is true regarding audit supervision?
1. Supervision should be performed throughout the planning, examination, evaluation, communication, and follow-up stages of the audit engagement.
2. Supervision should extend to training, time reporting, and expense control, as well as administrative matters.
3. Supervision should include review of engagement workpapers, with documented evidence of the review.
Which of the following borrowing options is an unsecured loan?
Which of the following is the best reason for considering the acquisition of a nondomestic organization?
Which of the following factors is considered a disadvantage of vertical integration?