Question: While completing a test of controls, you appropriately cleared two minor exceptions by examining related documents. The entity will need to do some serious digging

While completing a test of controls, you appropriately cleared two minor exceptions by examining related documents. The entity will need to do some serious digging to find the documents to resolve a third, similar, exception and wants to know if you really need the documents. You ask the in-charge senior, and he decides it was probably not a serious potential problem and tells you to sign off to clear the third exception without examining the underlying documents. Required: Analyze this situation with its possible outcomes. What will you do? Why?

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