The overall audit strategy is documented in the ________.
A)engagement letter
B)management letter
C)audit program
D)planning memorandum

Question

Quizplus · Accepted Answer

The overall audit strategy is documented in the planning memorandum, which outlines the scope and objectives of the audit, the materiality thresholds, the staffing requirements, and the timeline for completion. The engagement letter establishes the contractual relationship between the auditor and the client, while the management letter communicates the audit findings and recommendations to management. The audit program is a detailed blueprint of the procedures to be performed during the audit.

The Overall Audit Strategy Is Documented in the ________