AU-C 330 Performing Audit Procedures in Response to Assessed Risks

question 7

Multiple Choice

AU-C 330 Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained and AS 2301 The Auditor's Responses to the Risks of Material Misstatement provide which of the following examples of responding to risk at the financial statement level?

• A)Emphasize that audit team members should not attempt to maintain professional skepticism
• B)Assign less experienced staff to areas of higher risk of material misstatement
• C)Provide less supervision
• D)Include more elements of unpredictability in the selection of audit procedures

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