Multiple Choice
The information gap is:
A) the difference between what information the auditors know and what they should know when they complete the audit.
B) is the same as the expectations gap.
C) the difference between what users believe is needed to make informed investment decisions and what is currently available to them.
D) the difference between what auditors need to issue a limited assurance report and what they need to issue a reasonable assurance report.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: If the auditor believes that there is
Q51: An auditor concludes that there is a
Q52: When an adverse opinion is expressed, the
Q53: Which of the following statements is not
Q54: Which of the following statements is true
Q55: An auditor was unable to obtain an
Q56: In which of the following circumstances would
Q57: When a client will not make essential
Q58: When the audited financial report of the
Q59: The Corporations Act 2001 requires the auditor