Please answer without explanation
1701: Communicating Rey users in the pendant FINAL ASSESSMENT When might it be acceptable to not communicate a key audit matter identified? Select all that apply Law or regulation precludes public disclosure about the matter DO Where the entity has already publicly disclosure information about the matter FINAL ASSESSMENT For each consideration related to describing a key audit matter listed here, determine whether its application would be appropriate or not Not Appropriate appropriate Provide succinct and balanced explanation to enable intended users to understand why the matter was one of most significance and how it was addressed Use highly technical terms directed at users who have a more advanced level knowledge of auditing Include original information about the entity that has not otherwise been made publicly available by the entity O Matches the description used when communicating the matter to those charged with governance May use relevant information included in the annual report or other publicly available, credible sources O The auditor has been asked by management to not disclosure the matter The auditor determines that the matter should not be communicated because adverse consequences outweigh the public interest benefits The auditor has been asked by those charged with governance not to disclose the matter ooooo SA TO Communicating bayi mers in the independent auditorsport FINAL ASSESSMENT Where are key audit matters placed within the independent auditor's report? 00 They are included in the auditor's responsibilities paragraph They are included in a separate section of the auditor's report under the heading "Key Audit Matters They are included in the other matters paragraph FINAL ASSESSMENT Which of the following may be considered an adequate description of how a key audit matter was addressed in the audit? Select all that apply Going concern assessment. We have spent significant audit effort, including the fime of senior members of our engagement team in assessing the appropriateness of the assumptions appled in the going concern assessment, including estimates of future performance of the entity Deferred tax assets. Our audit procedures were designed to respond to the risk of material misstatement related to the key audit matter Acquisitions. Our audit procedures included substantive procedures to respond to the risk of material misstatement related to the key audit matter Provisions. Our audit procedures included tests of controls to respond to the risk of material misstatement related to the way audit matter Revenue recognition. Our audit procedures to address the risk of material misstatement relating to revenue recognition, which was considered to be a significant risk included: testing of controls, assisted by engagement team members who have specialized skills or up on variances from our expectations knowledge in IT, including control over inputs to the revenue calculation, and following @ They are included in the opinion paragraph
