If an auditor's suspicion of fraud is aroused, investigations should be extended.

Name: If an auditor's suspicion of fraud is aroused, investigations should be extended.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When an auditor's suspicion of fraud is aroused, investigations should be extended to determine whether fraud has actually occurred or not. This is important to ensure that the financial statements are accurate and reliable. Ignoring or not investigating suspicion of fraud can have serious consequences for the company and the auditor.

If an Auditor's Suspicion of Fraud Is Aroused, Investigations Should