Multiple Choice
When a different extent of evidence is needed for the various cycles,the difference is caused by
A) errors in the client's accounting system.
B) the client's need to achieve an unqualified opinion.
C) the auditor's need to follow GAAS.
D) the auditor's expectations of errors and assessment of internal control.
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Your firm has been appointed as the
Q21: List the audit procedures outlined in CAS
Q22: PA has set acceptable audit risk at
Q23: Acceptable audit risk is a measure of<br>A)the
Q24: CAS 315.28 requires the auditor to consider
Q26: A)Explain how auditors use the audit risk
Q27: What are the components of risk of
Q28: The auditor set acceptable audit risk at
Q29: When external users place heavy reliance on
Q30: Assessing design effectiveness and conducting tests of