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Which of the following best describes why an auditor perform risk assessment procedures? A. To develop recommendations for improvements in internal controls B. To determine
Which of the following best describes why an auditor perform risk assessment procedures?
A. To develop recommendations for improvements in internal controls
B. To determine if fraud or illegal acts have occurred.
C. To assess the risk of material misstatement and determine the types of further audit procedures to be performed.
D. To determine the extent of audit supervision required
A. To develop recommendations for improvements in internal controls
B. To determine if fraud or illegal acts have occurred.
C. To assess the risk of material misstatement and determine the types of further audit procedures to be performed.
D. To determine the extent of audit supervision required
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C To assess the risk of material misstatement and determine the types of further audit ...
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Auditing a risk based approach to conducting a quality audit
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
9th edition
9781133939160, 1133939155, 1133939163, 978-1133939153
