In Connection with the Examination of Financial Statements,an Auditor Could

Multiple Choice

In connection with the examination of financial statements,an auditor could be responsible for failure to detect a material fraud if

A) statistical sampling techniques were not used on the audit engagement.
B) the auditor planned the work in a hasty and ineffective manner.
C) accountants performing important parts of the work failed to discover a close relationship between the treasurer and the cashier.
D) the fraud was perpetrated by one client employee who circumvented the existing internal controls.