Multiple Choice
Which of the following is least likely to be considered a "further audit procedure"?
A) Tests of approval of sales transactions.
B) An engagement letter.
C) Analytical procedures performed as substantive procedures relating to inventory.
D) Accounts receivable confirmation.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: According to the professional standards,auditors may
Q16: In using the statement of cash flows
Q17: Which of the following is <b>not </b>used
Q18: Preliminary arrangements with clients should be set
Q19: The auditors must consider materiality in planning
Q21: The auditors will typically <b>not</b> initiate discussion
Q22: Audits of financial statements are designed
Q23: Which of the following statements is always
Q24: An auditor who selects a sample from
Q25: Which of the following is <b>least </b>likely