The working papers contain data useful for evaluating the adequacy of the audit scope and the fairness of the financial statements.These data help the auditor to conclude whether
A)control risks were accurately identified and tested.
B)inherent risks were set as low as possible.
C)an unmodified audit report can be issued.
D)the current files properly contain copies of client contracts and agreements.

Question

Quizplus · Accepted Answer

The working papers provide evidence and documentation that support the auditor's conclusions, including whether the financial statements are fairly presented, which is necessary to determine if an unmodified audit report can be issued.

The Working Papers Contain Data Useful for Evaluating the Adequacy