menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing Study Set 1
  4. Exam
    Exam 2: The Risk of Fraud and Mechanisms to Address Fraud: Regulation,corporate Governance,and Audit Quality
  5. Question
    Who Should the Auditors First Notify If They Discover a Material
Solved

Who Should the Auditors First Notify If They Discover a Material

Question 92

Question 92

Multiple Choice

Who should the auditors first notify if they discover a material misappropriation of assets?


A) The PCAOB.
B) The SEC.
C) The management of the company.
D) The audit committee of the company.
E) They are not required to notify anyone.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: Auditors must keep a questioning mind when

Q22: Once the fraud assessment is complete in

Q89: How will the results of the auditor's

Q90: Linking internal deficiencies to audit procedures After

Q91: What is the primary determinate in the

Q93: If management makes appropriate adjustments to correct

Q94: Auditors are required to inform the audit

Q96: Which of the following is the most

Q116: Managers of organizations are hired by Boards

Q116: Pressure upon management to manipulate financial information

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines