. The auditor has to be independent in appearance and not in mind. a. True b. False 7. The higher the level of materiality, the more audit work must be done. a. True b. False 8. Sampling is applicable if auditor is checking exceptional items like accidental loss . a. True b. False 9. Using the company assets for personal use is example of error. a. True b. False 10. Going concern is the assumption that the entity will continue in the business for the foreseeable future a. True b. False