When errors are discovered upon testing transactions or account balances, the auditor will
A) project the error to the entire population, if possible.
B) assess if the errors constitute an isolated event.
C) consider the impact of the errors.
D) all of the above

Question

Quizplus · Accepted Answer

When errors are discovered upon testing transactions or account balances, the auditor should project the error to the entire population (if possible), assess if the errors constitute an isolated event, and consider the impact of the errors. Therefore, all of the above options (A, B, and C) are the best choices.

When Errors Are Discovered Upon Testing Transactions or Account Balances