Once the auditor calculates materiality,he uses the concept of materiality in
A) determining the timing of substantive tests
B) planning and performing the audit
C) evaluating the effect of corrected misstatements on the financial statements
D) determining if there are any deficiencies in internal control
E) B and C
Correct Answer:
Verified
Q48: In planning the audit,the auditor makes decisions
Q49: The auditing standards specify that misstatements are
Q50: Which of the following is not a
Q51: The determination of materiality is based on
A)generally
Q52: After the auditor determines materiality for the
Q54: How does the auditor gain an understanding
Q55: How does the auditor gain an understanding
Q56: In the planning process,the auditor assesses the
Q57: In the planning process,the auditor assesses the
Q58: In the planning process,the auditor assesses the
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