Question
1_In evaluating whether there is a sufficiently low probability of material misstatement in the financial statements, the auditors accumulate: Multiple Choice Judgmental misstatements in the
1_In evaluating whether there is a sufficiently low probability of material misstatement in the financial statements, the auditors accumulate: Multiple Choice Judgmental misstatements in the financial statements. Factual and judgmental misstatements in the financial statements. Factual misstatements in the financial statements. Factual, judgmental and projected misstatements and an allowance for undetected misstatements in the financial statements.
2-Which of the following is not a procedure normally performed while completing the audit of a public company? Multiple Choice Obtain a representations letter. Perform an overall review using analytical procedures. Obtain a lawyer's letter. Update internal control questionnaire.
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