According to ISA 320, the auditor is expected to treat information as IMMATERIAL if. Select one: O Its omission threatens the going concern of the organisation. O Its omission is within the audit objective. O Its misstatement will make an audit objective to be defeated. O Its misstatement could alter the decision of stakeholders based on the financial statements. O Its omission could influence the economic decision of users based on the financial statement.The type of audit evidence obtained by checking the mathematical accuracy of documents and records is known as Select one: 0 Examination 0 Piecomputation 0 Analytical procedure 0 Conrmation Which of the following, in relation to audit letter ofengagement, is NOT true? Select one: 0 It outlines requirements of an audit engagement. 0 It outlines both the auditors? and the directors? responsibilities. 0 It is sent by the client to the auditor. D It is sent before commencing the audit assignment. Which of the following is NOT a quality assurance safeguard created by the accounting/auditing profession against liability? Select one: O Professional standards, monitoring and disciplinary process. O Continuing education requirements O Education, training, and experience. O Competent staff employed by the assurance client to make managerial Decisions