A team of auditors is gathering less evidence than is necessary, or evidence that is the easiest to obtain, rather than obtain evidence that is the most reliable and relevant.Such a lack of professional skepticism could be indicative of the team's ______.
A) workload
B) culture
C) size
D) monitoring
Correct Answer:
Verified
Q130: Detection of fraud refers to _.
A)the use
Q131: A detection risk of 1.5 or 150%
Q132: Where does the responsibility for preventing and
Q133: Auditors want a low audit risk of
Q134: The general type of fraud that involves
Q136: Auditors can control detection risk by _.
A)planning
Q137: In the substantive approach, if there is
Q138: In the context of identifying fraud, which
Q139: Prevention of fraud refers to _.
A)the use
Q140: An example of misappropriation of assets is
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