Multiple Choice
During the initial planning phase of an audit, a CPA most likely would:
A) identify specific internal control activities that are likely to prevent fraud.
B) evaluate the reasonableness of the client's accounting estimates.
C) discuss the timing of the audit procedures with the client's management.
D) inquire of the client's attorney as to any unrecorded claims.
Correct Answer:

Verified
Correct Answer:
Verified
Q45: Materiality is based only on a quantitative
Q46: Which of the following arranges the general
Q47: To emphasize auditor independence from management, publicly
Q48: How would an auditor identify related parties
Q49: An auditor who discovers that a client's
Q51: Which of the following statements is not
Q52: Which of the following is not a
Q53: Which of the following procedures would an
Q54: An auditor is required to establish an
Q55: Tolerable misstatement is:<br>A)materiality allocated to an assertion.<br>B)materiality