The first standard of field work, which states that the work is to be adequately planned and that assistants, if any, are to be properly supervised, recognizes that:
A) early appointment of the auditor is advantageous to the auditor and the client.
B) acceptance of an audit engagement after the close of the client's fiscal year is generally not permissible.
C) appointment of the auditor subsequent to the physical count of inventories requires a disclaimer of opinion.
D) performance of substantial parts of the examination is necessary at interim dates.

Question

Quizplus · Accepted Answer

Adequate planning and supervision help ensure that the audit is conducted effectively and efficiently. Early appointment of the auditor can provide the auditor with more time to plan and can help the client avoid potential errors or problems.

The First Standard of Field Work, Which States That the Work