Question
17.Which of the following is NOT a procedure that audit firm should perform before accepting an audit client, particularly a high-risk client? A. Procedure is
17.Which of the following is NOT a procedure that audit firm should perform before accepting an audit client, particularly a high-risk client? A. Procedure is to ascertain the nature of the job offered B. Procedure about how the company generates revenue/income C. Procedure about how the company recruit internal auditor D. Procedure about the company expenses and how they are paid
18.In testing for the controls, which of the following is not a requirement. A. selecting samples of transactions and obtaining supporting documents as well B. Must test all the computer access controls as well C. Must select and review the entire company documents as well. D. Must review another client complaint as well.
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