To ensure that the audit meets the public accounting firm's standard of performance:
A) the working papers are reviewed by another member of the audit firm.
B) a financial disclosure checklist is used for every engagement.
C) an audit engagement checklist is completed.
D) it is common to gather more evidence than is actually necessary.

Question

Quizplus · Accepted Answer

Reviewing the working papers by another member of the audit firm is a common practice to ensure quality control and to maintain the firm's standard of performance. The other options, while helpful in the audit process, may not be enough to ensure the public accounting firm's standard of performance. Additionally, gathering more evidence than necessary may not always be the best choice as it could increase the cost and time of the audit without providing significant benefits.

To Ensure That the Audit Meets the Public Accounting Firm's