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Which of these statements is/are correct? I If an auditor had the required knowledge but mistakenly failed to fulfil a certain requirement in the contract,
Which of these statements is/are correct? I If an auditor had the required knowledge but mistakenly failed to fulfil a certain requirement in the contract, they may be guilty of fraud. II In cases when an audit failed to uncover material misstatements and the wrong type of opinion was issued, it is not appropriate to question whether the auditor exercised due care in performing the audit Select one: a. Both (1) and (II) are correct. O b. Both (1) and (II) are incorrect. O c. Only II is correct. O d. Only lis correct
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