Multiple Choice
The following steps are taken during the evaluation of the audit findings:A:Making technical review of financial statements B:Making final review(s) of working papers
C:Making final assessment of materiality and audit risk
D:Formulating opinion and drafting audit report
E:Evaluating whether there is substantial doubt about the entity's ability to continue as a going concern
The order in which these steps should be performed is:
A) ABCDE.
B) CEADB.
C) EDCAB.
D) BAECD.
E) ADCEB.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: <b>In the final review process, a "cold"
Q51: The auditor is most likely to discover
Q52: Ordinarily,<b> type 2</b> subsequent events require:<br>A) adjustment.<br>B)
Q53: Listed below are material events that pertain
Q54: Listed below are material events that pertain
Q56: The auditor relies on the <b>client representation
Q57: A client's refusal to provide a<b> client
Q58: Listed below are examples of matters that
Q59: Failure to record or properly disclose subsequent
Q60: Listed below are examples of matters that