A TPS helps managers monitor the firm's relations with the external environment

Change statements include a:

A. Retained earnings statement, a balance sheet, and a cash flow statement. B. Balance sheet, a cash flow statement, and an income statement. C. Cash flow statement, an income statement, and a retained earnings statement. D. Retained earnings statement, a balance sheet, and an income statement.

Prior to commencing fieldwork, an auditor usually discusses the general audit strategy with the client's management. Which of the following matters do the auditor and management agree upon at this time?

a. The appropriateness of the entity's plans for dealing with the adverse economic conditions. b. The determination of the fraud risk factors that exist within the client's operations c. The control weaknesses to be included in the communication with those charged with governance d. The coordination of the assistance of the client's personal in data preparation.