Observation 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) decisions prepared by management
D) the entity's plant and office facilities
Correct Answer:
Verified
Q72: The auditor performs analytical procedures to
A)increase his
Q73: Much of the information regarding material misstatement
Q74: Observation and inspection may provide the auditor
Q75: Much of the information regarding material misstatement
Q76: The auditor designs the risk assessment procedures
Q78: The auditor designs the risk assessment procedures
Q79: The auditor performs analytical procedures to
A)increase his
Q80: Observation and inspection may provide the auditor
Q81: How does the auditor use the information
Q82: One of the considerations in establishing an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents