It lays out the startagies to be followed to conduct an audit ____________.
A
Audit program
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Audit plan
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Audit evidence
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Audit technique
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B Audit plan Audit plan refers to strategy to be applied by the auditor whereas audit programme refers to various procedures to be applied to carry out the audit.
There is a thin line of difference between the two.