In an audit,the auditor has a requirement to address risk assessment with respect to:
A)The design and performance of audit procedures to respond to assessed risks
B)Whether the standards close the expectation gap
C)The role and responsibilities of the audit committee in preventing fraud
D)All of the above

Question

Quizplus · Accepted Answer

The auditor is required to design and perform audit procedures to respond to assessed risks, which is a fundamental part of the audit process.

In an Audit,the Auditor Has a Requirement to Address Risk