When making a decision about the dollar amount in an account balance based on a sample, the
Question:
a. The incorrect rejection decision impairs the efficiency of the audit.
b. The audit team will do additional work and discover the misstatement of the incorrect decision.
c. The incorrect acceptance decision impairs the effectiveness of the audit.
d. Sufficient appropriate audit evidence will not have been obtained.
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Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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