TThe second answer is wrong!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

7 0/3 Which of the following statements is not true? Auditors must obtain an understanding of a client's internal controls over financial reporting. Auditors are not required to test internal control procedures Auditors can asses Control Risk at less than the maximum without testing the controls In an audit of the financial statements of a company, the auditor reviews internal controls as part of the planning process