Which of the following best describes why an auditor perform risk assessment procedures? A. To develop recommendations
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Question:
A. To develop recommendations for improvements in internal controls
B. To determine if fraud or illegal acts have occurred.
C. To assess the risk of material misstatement and determine the types of further audit procedures to be performed.
D. To determine the extent of audit supervision required
Related Book For
Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
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