Which of the following is most likely to be an overall response to fraud risks identified in an audit?
A)Only use certified public accountants on the engagement.
B)Place increased emphasis on the audit of objective transactions rather than subjective transactions.
C)Supervise members of the audit team less closely and rely more upon judgment.
D)Use less predictable audit procedures.

Question

Quizplus · Accepted Answer

Using less predictable audit procedures is a common response to identified fraud risks in an audit. This approach makes it harder for those committing fraud to predict and thus circumvent the audit procedures, increasing the likelihood of detecting fraud.

Which of the Following Is Most Likely to Be an Overall