Which of the following occurrences would be least likely to warrant further audit attention for the auditor?
A)Deviations from client's established control procedures
B)Deviations from client's budgeted values
C)Monetary misstatements in populations of transaction data
D)Monetary misstatements in populations of account balance details

Question

Quizplus · Accepted Answer

Deviations from budgeted values may be caused by a variety of reasons and may not necessarily indicate errors or fraud. However, the other options (A, C, and D) involve potential errors or fraud that would warrant further audit attention.

Which of the Following Occurrences Would Be Least Likely to Warrant