1. In an audit of a non-public company, the more control risk there is, the smaller the amount of planned substantive evidence that is required.

a)True

b) False

1. Hiring the same audit staff from year to year is a major consideration in audit staffing. a) True b)False

2. If a company has an effective internal audit department, the internal auditors can express an opinion on the fairness of the financial statements. a) true b) false