Multiple Choice
Jones, CPA, is auditing the financial statements of XYZ Retailing Inc. What assurance does Jones provide that direct effect noncompliance that is material to XYZ's financial statements, and noncompliance that has a material, but indirect effect on the financial statements will be detected?
A) Direct effect noncompliance: Reasonable; Indirect effect noncompliance: None.
B) Direct effect noncompliance: Reasonable; Indirect effect noncompliance: Reasonable.
C) Direct effect noncompliance: Limited; Indirect effect noncompliance: None.
D) Direct effect noncompliance: Limited; Indirect effect noncompliance: Reasonable.
Correct Answer:
Verified
Correct Answer:
Verified
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