TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 9) 9) In order to mitigate confirmation, the auditor should make the opposing case and consider alternative explanations, potentially disconfirming or conflicting information. 10) It is not difficult for the auditor to quantify a measure of materiality while performing the audit. 10) 11) 11) Other than inquiring of management about policies they have established to prevent illegal acts and whether management knows of any laws or regulations that the company has violated, the auditor should not search for illegal acts that do not have a direct effect on the financial statements unless there is reason to believe they may exist. 20) 20) It is possible that an audit performed in accordance with generally accepted auditing standards may fail to detect a material misstatement in the financial statements