Question: Select the right answer Regarding the auditor's reasoning process about an account balance, the auditor should: A. Simply state aconclusion because anything else would lead
Select the right answer
Regarding the auditor's reasoning process about an account balance, the auditor should:
A. Simply state aconclusion because anything else would lead to second-guessing by anotherauditor or a lawyer.
B. Identify all of theelements of the reasoning process and document them in a memo
C. Assure that auditdocumentation, by itself, is sufficient to support the auditor's opinionwithout an explicit description of the reasoning process; that is, the evidencecan stand on its own
D. Be limited toanalysis made by the partner in charge of the engagement
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