Multiple Choice
Further possible misstatements ________.
A) are those actually identified during the audit, so there is no uncertainty about their existence
B) are those that probably exist, based on audit evidence examined
C) are those that could exist over and above the total of known and likely misstatements because of the fundamental limitations of auditing
D) are those for which the amount of possible misstatement cannot be precisely quantified
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Likely misstatements are those that probably exist,based
Q13: A reply to a lawyer's letters should
Q16: The auditor must decide if any uncorrected
Q19: Auditors typically do not keep track of
Q25: The auditor actively seeks audit evidence up
Q28: Dual dating is used to cut off
Q30: Emphasis of Matter paragraphs refer only to
Q34: Auditors have a responsibility to perform audit
Q35: Which of the following statements about forming
Q47: What are the three categories of uncorrected