When gaining an understanding of their client,at which level do auditors not usually consider the relevant issues?
A)Industry level.
B)Audit committee level.
C)Economy level.
D)Entity level.

Question

Quizplus · Accepted Answer

Auditors typically consider industry level, economy level and entity level of their clients to gain an understanding of their clients. However, audit committee level is not considered as a separate level but rather a part of the entity level. Therefore, option B is the correct answer.

When Gaining an Understanding of Their Client,at Which Level Do