Multiple Choice
Good working papers should have common characteristics. Which one of the following is NOT one of those characteristics?
A) Inclusion of a written statement in the form of a conclusion
B) Notations directly on the working paper schedules, explaining the work done
C) Initialling the preparer's initials on the audit working papers
D) Noting the client staff member responsible for the particular area under review
Correct Answer:

Verified
Correct Answer:
Verified
Q10: A common example of a related-party transaction
Q36: Client business risk is the risk that
Q54: The auditor's primary concern is the risk
Q67: Auditors should plan engagements properly to:<br>A) gain
Q68: When a successor (new) auditor requests information
Q69: Which of the following would NOT be
Q72: A measure of the auditor's assessment of
Q73: One means of informing the client that
Q74: Why should the auditor understand the client's
Q75: Why is a tour of the client's