An Auditor Is Considering Whether the Omission of the Confirmation

Multiple Choice

An auditor is considering whether the omission of the confirmation of investments impairs the auditor's ability to support a previously expressed unmodified opinion. The auditor need not perform this omitted procedure if:

A) the results of alternative procedures that were performed compensate for the omission.
B) the auditor's assessed level of detection risk is low.
C) the omission is documented in a communication with the audit committee.
D) no individual investment is material to the financial statements taken as a whole.