Which of the following conditions identified during fieldwork of an audit is most likely to affect the auditor's assessment of the risk of misstatement due to fraud?

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
Chapter9: Auditing The Revenue Cycle
Section: Chapter Questions
Problem 12TFQ
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Which of the following conditions identified during fieldwork of an audit is most likely to affect the auditor's assessment
of the risk of misstatement due to fraud?
a. Computer generated documents.
b. Year-end adjusting journal entries.
O c. Checks for significant amounts outstanding at year-end.
O d. Missing documents.
Transcribed Image Text:Which of the following conditions identified during fieldwork of an audit is most likely to affect the auditor's assessment of the risk of misstatement due to fraud? a. Computer generated documents. b. Year-end adjusting journal entries. O c. Checks for significant amounts outstanding at year-end. O d. Missing documents.
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