Which of the Following Is NOT Correct About the Audit

Multiple Choice

Which of the following is NOT correct about the audit discussion about the susceptibility of the entity's financial statements to material misstatement?

A) the discussion must be done during the planning phase
B) the purpose of the discussion is to allow audit team members gain a better understanding of the potential for misstatement
C) the team determines the audit tests to mitigate the possibility of misstatements
D) the discussion must be documented in the work papers