Under what state of affairs it implies that an auditor has obtained sufficient & appropriate audit evidences to reduce the risk of forming inappropriate opinion about financial statements of an entity. O a. Reasonable Assurance O b. None of the above O c. High level of assurance O d. Both reasonable assurance and absolute assurance
Under what state of affairs it implies that an auditor has obtained sufficient & appropriate audit evidences to reduce the risk of forming inappropriate opinion about financial statements of an entity. O a. Reasonable Assurance O b. None of the above O c. High level of assurance O d. Both reasonable assurance and absolute assurance
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter1: Auditing: Integral To The Economy
Section: Chapter Questions
Problem 16MCQ
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27-Under what state of affairs it implies that an auditor has obtained sufficient & appropriate audit evidences to reduce the risk of forming inappropriate opinion about financial statements of an entity.
O a. Reasonable Assurance
O b. None of the above
O c. High level of assurance
O d. Both reasonable assurance and absolute assurance
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