(Chapter 14) When evaluating the effect of uncorrected misstatements. only quantitative factors are considered only qualitative factors are considered both quantitative and qualitative factors are considered neither Quantitative and qualitative factors are considered QUESTION 10 The financial statements are prepared by client management (Chapter 14) based on beginning of year financial conditions for formal review and suance of an audit opinion by the internal auditors on the bass of conditions Existing at year-end, which would be December 31 for a calendar year entity on the basis of conditions existing at year-end, which should always be December 31 QUESTION 11 The auditor's responsibility, as expressly stated in the audit report, is to port, to (Chapter 15) Express an opinion on the financial statements take responsibility for the financial statements make it clear that responsibility for the financial statements rests with the client's legal counsel make it clear that responsibility for the financial statements rests with the internal audit function QUESTION 12 Final analytical procedures are intended (Chapter 14) to corroborate audit evlence ained during the audit only to corroborate audit evidence obtained during the suot and to contm the financial statements are consistent with the auditors revised expectations based on evidence evaluated during the audit to refue audit evidence obtained during the audit, and to confirm the financial statements are content with thei r revised expectations based on evidence evaluated during the audit to corroborate audit evidence obtained during the audit, and to confirm the financial statements are inconsistent with the auditor's revised expectations based on evidence evaluated during the audit