With respect to the detection of indirect- effect illegal acts, auditing standards state that the auditor provides:
A) no assurance that they will be detected.
B) the same reasonable assurance provided for other items.
C) assurance that they will be detected, if material.
D) assurance that they will be detected, if highly material.

Question

Quizplus · Accepted Answer

Auditing standards state that the auditor provides no assurance that indirect-effect illegal acts will be detected. This is because such illegal acts are often concealed and difficult to detect.

With Respect to the Detection of Indirect- Effect Illegal Acts