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Attempts Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you
Attempts Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Your answers are saved automatically. Remaining Time: 1 hour, 42 minutes, 33 seconds. 1 Question Completion Status: 21 18 22 23 12 24 17 25 26 29 27 30 28 31 33 32 34 35 2 37 30 38 4 39 50 40 13 14 15 16 48 49 50 51 19 20 5455 36 41 42 43 44 45 46 47 52 53 A Moving to another question will save this response. Question 18 of 55 Question 18 1 points Sve Answer The auditor found a material weakness in the internal control system of the client company. He informed the management, and the management changed the IC system to correct this weakness. The new corrected control needs three months to start showing effect in the processes of the business. This happened in late December which is the end of the financial year and the auditor must issue his report on FS before mid-February. The auditor should: O A) Issue an adverse report on ICFR regardless of the corrections made. OC) Wait for three months before issuing his reports to see if the control is operating effectively or not. O D) Issue a clean report on ICFR based on the corrections made by the management. O B) He should write an adverse opinion on the client's financial statements. A Moving to another question will save this response. Question 18 of 55 to search O RI
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