Observation and inspection may provide the auditor with useful information to support the information obtained from management and other employees related to the risk of material misstatement.The auditor might observe or inspect
A) the entity's forecasts
B) documents,records and internal control assessments
C) reports prepared by management
D) the entity's plans and office expenses
Correct Answer:
Verified
Q75: Much of the information regarding material misstatement
Q76: The auditor designs the risk assessment procedures
Q77: Observation may provide the auditor with useful
Q78: The auditor designs the risk assessment procedures
Q79: The auditor performs analytical procedures to
A)increase his
Q81: How does the auditor use the information
Q82: One of the considerations in establishing an
Q83: When a client hands the financial statements
Q84: What are relevant assertions?
A)relevant assertions are the
Q85: When a client hands the financial statements
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