After auditors have assessed control risk, _______.
A)they are in a good position to evaluate the risk of fraud
B)the audit is ready to be finalized and the audit opinion issued
C)the findings should be submitted to management for review and approval
D)the findings should be referred to the internal audit function for investigation

Question

Quizplus · Accepted Answer

After assessing control risk, auditors can better evaluate the risk of fraud as they have a clearer understanding of the effectiveness of the entity's internal controls.

After Auditors Have Assessed Control Risk, _______