Multiple Choice
If the auditor's assessment of the materiality of the account balance is high,what would be the respective effect on (1) the extent of substantive testing and (2) the nature of procedures performed?
A) (1) Less (2) More rigorous
B) (1) Less (2) Less rigorous.
C) (1) More (2) Less rigorous
D) (1) More (2) More rigorous
Correct Answer:
Verified
Correct Answer:
Verified
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