If audit teams are unable to apply an auditing procedure to an account balance or class of transactions, the audit team should first Attempt to determine whether alternative auditing procedures are available and can be applied Withdraw from the engagement and issue a disclaimer of opinion Assess th...

Answer possibility A If audit groups ar unable to use as ...

If audit teams are unable to apply an auditing procedure to an account balance or class of

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If audit teams are unable to apply an auditing procedure to an account balance or class of transactions, the audit team should first:

Attempt to determine whether alternative auditing procedures are available and can be applied.
Withdraw from the engagement and issue a disclaimer of opinion.
Assess the materiality of the scope limitation.
Notify individuals currently relying on the financial statements that the statements may no longer be relied upon.