When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the___________??

Audit Mcqs
BILAL KHATTAK0

A. Amount of known misstatement is documented in working papers
B. Estimates of the total likely misstatement is less than materiality level 
C. Estimate of the total likely misstatement is more than materially level  
D. Estimates of the total likely misstatement cannot be made

Related Mcqs:

  1. Which of the following statement best describes the understanding with respect to ownership and custody of working papers prepared by an auditor??
  2. What would most effectively describe the risk of incorrect acceptance in terms of substantive audit testing??
  3. Which of the following statements is not correct about materiality??
  4. The scope of internal audit is decided by the___________??
  5. In the impact problems the following conditions must always be satisfied:
  6. The working papers which auditor prepares for financial statements audit are___________??
  7. PERT has the following time estimates:
  8. Sensitivity analysis means:
  9. She said, “I am sorry, I am not able to submit those papers”.
  10. In an audit of financial statements, substantive tests are audit procedures that __________??

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