Multiple Choice
How will the results of the auditor's assessment of fraud risk factors affect the planned audit procedures?
A) Audit procedures and fraud assessment do not relate.
B) The assessment may require a re-audit of previous periods.
C) Qualified audit staff will be assigned to relevant areas of the engagement.
D) Management will be called upon to assist in coordinating audit procedures.
Correct Answer:
Verified
Correct Answer:
Verified
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