The Final Phase of an Audit Includes Which of the Following

Multiple Choice

The final phase of an audit includes which of the following?

A) performing substantive tests of account balances
B) gaining an understanding of the client's internal control system
C) confirming the terms of the audit engagement with the auditor
D) determining whether the audit evidence obtained is sufficient and appropriate to reduce the risk of material misstatements in the financial statements to an acceptably low level