Multiple Choice
The auditor always needs to investigate any control exceptions (deviations) that he or she identifies during testing to find out, to the extent practical, _______.
A) the causes and the amounts involved
B) the financial statement accounts affected
C) the potential effect on other audit procedures
D) All of these answer choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q36: Which of the following best defines detection
Q37: Detection controls vary _.<br>A)from year-to-year with the
Q38: _ are controls that do not rely
Q39: Absence of effective prevention controls _.<br>A)decreases the
Q40: Define expected rate of deviation.<br>A)It is the
Q42: An observed condition that provides evidence that
Q43: In preparing a working paper for tests
Q44: If there is a high risk of
Q45: Tolerable deviation rate is the maximum rate
Q46: The technique that involves the auditor using