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Question 32

Findings and observations are audit terms. The best relationship between these terms is which of the following?

Observations are broader in scope than findings.

Observations are seen; findings are discovered.

Observations generally support findings.

Findings are reported in writing, observations are reported verbally.

Correct Answer: C

Observations typically provide the basis for audit findings. Findings are conclusions reached based on the observations made during an audit. Therefore, observations generally support findings.

Discussion

Sachindra_89Option: C

Yes acceptable, observation is generally relevant to finding and communicate during closing meeting about finding.