Multiple Choice
Which of the following is an accurate statement regarding the four phases of the audit process?
A) After the planning stage, the auditor should have a well-defined audit strategy and plan and a specific audit program for the entire audit.
B) The objective of phase III is to perform tests of controls.
C) During phase II, the auditor must evaluate the going-concern assumption.
D) All of the above are correct statements.
Correct Answer:
Verified
Correct Answer:
Verified
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