Auditors respond to risk primarily by: I.changing the extent of testing.
II)changing the types of audit procedures.
A)I only
B)II only
C)I and II
D)neither I nor i

Question

Quizplus · Accepted Answer

Auditors respond to risk primarily by changing the extent of testing, which means increasing or decreasing the amount of audit procedures performed, and by changing the types of audit procedures. This allows them to effectively address the identified risks and gather sufficient evidence to support their opinions on the financial statements. Therefore, both options I and II are correct.

Auditors Respond to Risk Primarily By: I