When gaining an understanding of the client at the industry level the auditor will: (a) use information
Question:
When gaining an understanding of the client at the industry level the auditor will:
(a) use information about the client’s industry.
(b) not consider government taxes on the industry because they are out of the client’s control.
(c) ignore bad news reports about the client firm because the client’s reputation in the press is not important.
(d) not consider the level of demand for the goods and services provided by other companies in the client’s industry.
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Related Book For
Auditing A Practical Approach
ISBN: 9780730364573
3rd Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
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