menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 2: The Auditors Responsibilities Regarding Fraud and Mechanisms to Address Fraud: Regulation and Corporate Governance
  5. Question
    Which of the Following Factors Should an Auditor Consider in Evaluating
Solved

Which of the Following Factors Should an Auditor Consider in Evaluating

Question 21

Question 21

Multiple Choice

Which of the following factors should an auditor consider in evaluating the effect of fraud upon the planned audit procedures?


A) The type of fraud that may occur.
B) The potential materiality of fraud.
C) The likelihood of fraud occurring.
D) All of the above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q16: According to COSO studies,the majority of the

Q17: Management of companies should have the ability

Q18: According to the Sarbanes-Oxley Act,the audit committee

Q19: Enron: A Fraud Example What were the

Q20: How must an auditor address fraud in

Q22: An example of fraudulent financial reporting is

Q23: There are many important reasons for diligent

Q24: The audit team should develop its own

Q25: The audit committee should have the authority

Q26: Auditors must keep a questioning mind when

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines