What is meant by a tick mark


Response to the following questions:

1. Explain why it is important for audit documentation to include each of the following: identification of the name of the client, period covered, description of the contents, initials of the preparer and the reviewer, dates of the preparation and review, and an index code.

2. Why is it essential that the auditor not leave questions or exceptions in the audit documentation without an adequate explanation?

3. Define what is meant by a tick mark. What is its purpose?

 

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