At the end of the audit, which of the following is NOT reevaluated by the auditors?
A)Misstatements found during the audit
B)Materiality decisions made during the audit
C)Inherent risk based on audit findings
D)Fraud risk based on audit findings

Question

Quizplus · Accepted Answer

Misstatements found during the audit are reevaluated and corrected to ensure the accuracy of the financial statements. Materiality decisions, inherent risk, and fraud risk are all factors that may need to be reassessed at the end of the audit based on the findings during the audit process.

At the End of the Audit, Which of the Following