Which one of the following fraudulent activity is an appropriate example for misappropriation of assets? Causing an entity to pay goods and services not received. Omitting, advancing or delaying recognition of events and transactions. Concealing or not disclosing, facts that could affect the recorded amounts Engaging in complex transactions that misrepresents the financial of position of the entity. Which one of the following refers to one or more folders or other storage media, in physical or electronic form, containing the records that comprise the audit documentation for a specific engagement? Completion Memorandum Audit Evidence Audit File Audit report Question 28 As per ISA 240, which one of the following statement is correct regarding documentation of fraud risk assessment undertaken by the auditor? All risk factors should be considered and documented along with response to them. Document the identification of fraud risk factors along with response to them Document material fraud, risk factors and response to them. No documentation is required