You have been tasked with creating an audit scope statement and are making your project outline. Which of the following is NOT typically included in an audit scope statement?

The statement of purpose clearly defines why the audit is being conducted, which is crucial for defining the audit's boundaries.

Deliverables outline the specific reports, findings, or recommendations that will be produced by the audit, which are essential components of the scope.

Classification, often referring to the type or categories of data, systems, or processes under audit, helps delineate the boundaries and focus of the audit.

An audit scope statement defines what the audit will cover, its objectives, timeline, and deliverables, but the detailed financial costs of conducting the audit are usually managed separately as part of project budgeting and are not a standard element within the scope statement itself.