Question

Which of the following is not a benefit claimed for the practice of determining materiality in the initial planning stage of an audit?
a. Being able to fine- tune the audit work for effectiveness and efficiency.
b. Avoiding the problem of doing more work than necessary (overauditing).
c. Being able to decide early what type of audit opinion to issue.
d. Avoiding the problem of doing too little work (underauditing).



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  • CreatedOctober 27, 2014
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