Select True or False

1. Auditor is responsible for shareholders' investment decision.

2. Auditor is responsible for the prevention of frauds and errors.

3. Auditor has the right to attend annual general meeting.

4. Compare employee fraud with management fraud, management fraud is more difficult to detect.

5. Auditor owes a duty of care to the shareholders as a body.

6. Auditor has the right to resign as an auditor of a reporting entity.

7. Auditor owes a duty of care to individual shareholders.

8. Compare fraud with error, fraud is more easy to detect.

9. Auditor has the right to communicate with the shareholders.