Which of the following statements are not true about auditors responsibilities? a) The financial statements are auditors responsibility b) The auditor's responsibility for the audited financial statements is confined to the expression of his or her opinion on them c) To identify and assess the risks of material mis-statement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain sufficient appropriate audit evidence to provide a basis for the auditor’s opinion d) To obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances and for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. All a) , b) , c) and d) Only a) and c) Only a) and d) Only a)
28) Which of the following statements are not true about auditors responsibilities?
a) The financial statements are auditors responsibility
b) The auditor's responsibility for the audited financial statements is confined to the expression of his or her opinion on them
c) To identify and assess the risks of material mis-statement of the financial statements, whether due to fraud or error, design and perform
d) To obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances and for the purpose of expressing an opinion on the effectiveness of the entity’s internal control.
All a) , b) , c) and d)
Only a) and c)
Only a) and d)
Only a)
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