If the Assessed Risk of Material Misstatement for an Assertion

question 48

Multiple Choice

If the assessed risk of material misstatement for an assertion is high, _______.

• A)the auditors should avoid auditing the assertion in question
• B)auditors need to gather less persuasive audit evidence
• C)auditors need to gather more persuasive audit evidence
• D)the auditors should consider withdrawing from the engagement