8 Which of the following is not correct regarding the communications between successor and predecessor auditors? C. The predecessor auditor must receive their former client's permission prior to providing information to the successor auditor A. The responsibility of initiating the communication rests with the predecessor auditor. 1 Point D. The successor auditor communicates with the predecessor auditor for information about client's integrity and previous disputes or conflicts. (D) B. The responsibility of initiating the communication rests with the successor auditor. Question 9 Which of the following statements is usually true regarding the auditor's responsibility? A) B. It is easier for the auditor to uncover indirect-effect illegal acts than fraud. 1 Point (B) C. The auditor's responsibility for detecting direct-effect illegal acts is similar to the responsibility to detect fraud. D A. It is easier for the auditor to uncover fraud than errors. D. The auditor's responsibility for detecting indirect-effect illegal acts is similar to the responsibility to detect fraud. Question 15 What is the overall objective of audit documentation? A) A. Defend against claims of a deficient audit. B B. Provide a basis for reviewing the work of subordinates. D. Provide additional support of recorded amounts to the client. (D) C. Provide reasonable assurance that the audit was conducted in accordance with standards. 1 Point Question 17 1 Point For well-planned audits, it is practical for auditors to provide assurance on immaterial amounts included in the financial statements. A True B False Question 18 1 Point Planned detection risk is a measure of the risk that audit evidence for a segment will succeed to detect misstatements exceeding a tolerable amount, should such misstatements exist. A True False Question 19 The successor auditor must discuss with the predecessor auditor matters bearing on the engagement after accepting the engagement (A) True B False 1 Point