In Order to Properly Plan and Perform an Audit, an Important

Multiple Choice

In order to properly plan and perform an audit, an important fact for both the auditor and the client to understand is that

A) the internal control policies and procedures are developed by the auditors.
B) the purpose of an audit is to prevent fraud.
C) management is responsible for the preparation of the financial statements.
D) management can restrict the auditor's access to important information relevant to the financial statements.