Typically, an audit planning memorandum would contain the following sections except: A. audit approach B. background information C. objectives of the audit D. assessment of business risk Select one: O a. background information O b. audit approach O c. assessment of business risk O d. objectives of the auditWhich of the following procedures are not done in the evaluation and reporting phase of the audit process model? A. Final evidence accumulation and search for unrecorded liabilities B. Perform procedures to identify subsequent events C. Perform wrap-up procedures D. None of the points mentioned Select one: O a. Final evidence accumulation and search for unrecorded liabilities O b. Perform wrap-up procedures O c. Perform procedures to identify subsequent events O d. None of the points mentionedWhich of the following is not correct? A. The audit plan is prepared before the audit strategy B. The audit plan contains more details than the overall audit strategy (3. Audit strategy provides the guidelines for developing the audit plan D. All of the points mentioned are incorrect Select one: Q a. The audit plan is prepared before the audit strategy 0 b. All of the points mentioned are incorrect O c. The audit plan contains more details than the overall audit strategy 0 d. Audit strategy provides the guidelines for developing the audit plan Which of the following is not an example of uncertainties that might be emphasised in an emphasis of a matter paragraph? A. Matters affecting the comparability of financial statements with those of previous years. B. Internal control deficiencies. C. The existence of related party transactions. D. Important accounting matters occurring subsequent to the balance sheet date. Select one: a. Important accounting matters occurring subsequent to the balance sheet date O b. Internal control deficiencies O c. The existence of related party transactions O d. Matters affecting the comparability of financial statements with those of previous years Clear my choiceWhat identifies issues not required to be disclosed in the annual financial report but represent the auditors concerns and suggestions noted during the audit? A. Management letter. B. Communication on deficiencies in internal control. C. Limitation on scope. D. Report of auditor's expertise. Select one: O a. Management letter O b. Communication on deficiencies in internal control O c. Limitation on scope O d. Report of auditor's expertise