Multiple Choice
Which one of the following statements is true?
A) The circumstances may vary from audit to audit, but the evidence accumulated remains the same.
B) The general audit objectives may vary from audit to audit, but the circumstances remain the same.
C) The evidence that the auditor accumulates remains the same from audit to audit, but the general audit objectives vary, depending on the circumstances.
D) The general audit objectives remain the same from audit to audit, but the evidence varies, depending on the circumstances.
Correct Answer:

Verified
Correct Answer:
Verified
Q42: Discuss the actions an auditor should take
Q62: When the auditor believes an illegal act
Q64: Distinguish between 'balance-related' and 'transaction-related' audit objectives.Which
Q65: Balance-related audit objectives are also applied to
Q66: Which one of the following statements is
Q69: The broad categories of management assertions listed
Q70: What are the two major classifications of
Q71: What reasoning would an auditor use when
Q72: The accuracy of information included in footnotes
Q104: Auditors have a higher degree of responsibility