s1: The concentration of the review of working papers done by the manager auditor and partner-in-charge is the overall adequacy of audit evidence obtained, the reasonableness of the conclusions reached, and the implications of the audit findings on the fair presentation of financial statements. s2: The lawyer's refusal to furnish the information requested in the letter of audit inquiry represents a limitation in the scope of the examination sufficient to preclude a disclaimer of opinion. a. BOTH STATEMENTS ARE TRUE b. BOTH STATEMENTS ARE FALSE c. ONLY S1 IS TRUE d. ONLY S2 IS TRUE
s1: The concentration of the review of working papers done by the manager auditor and partner-in-charge is the overall adequacy of audit evidence obtained, the reasonableness of the conclusions reached, and the implications of the audit findings on the fair presentation of financial statements. s2: The lawyer's refusal to furnish the information requested in the letter of audit inquiry represents a limitation in the scope of the examination sufficient to preclude a disclaimer of opinion. a. BOTH STATEMENTS ARE TRUE b. BOTH STATEMENTS ARE FALSE c. ONLY S1 IS TRUE d. ONLY S2 IS TRUE
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter15: Audit Reports For Financial Statement Audits
Section: Chapter Questions
Problem 4CYBK
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s1: The concentration of the review of working papers done by the manager auditor and partner-in-charge is the overall adequacy of audit evidence obtained, the reasonableness of the conclusions reached, and the implications of the audit findings on the fair presentation of financial statements. s2: The lawyer's refusal to furnish the information requested in the letter of audit inquiry represents a limitation in the scope of the examination sufficient to preclude a disclaimer of opinion.
a. BOTH STATEMENTS ARE TRUE
b. BOTH STATEMENTS ARE FALSE
c. ONLY S1 IS TRUE
d. ONLY S2 IS TRUE
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