Which of the following factors is used by the audit team to assess the risk of fraud?
A) Pressure and opportunities for management to commit forgery
B) Inclusion of elements of unpredictability
C) Misappropriation of assets
D) Modification of planned audit procedures
Correct Answer:
Verified
Q19: An audit strategy can take _.
A)a reliance
Q20: The objective of auditors is to obtain
Q21: When analytical procedures are used to obtain
Q22: Management may feel pressure to maintain debt
Q23: Which of the following is an audit
Q25: If the control environment is assessed to
Q26: In order to obtain more reliable evidence,
Q27: An effective control environment suggests that _.
A)internal
Q28: Risk response at the financial statement level
Q29: After auditors have assessed control risk, _.
A)they
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