Neither Client Characteristics nor Actions of the Auditor Affect the Audit

question 121

True/False

Neither client characteristics nor actions of the auditor affect the audit risk.

---

Definitions:

Policy

The insurance document signed by the insured party and the insurer.

Policy Provider

An entity or organization that issues policies, typically in the context of insurance, offering coverage for various risks.

Underwriter

A party who receives payments from an insured party and makes the payment to the beneficiary.

Insurer

The party who receives payments from the insured party and makes the payment to the beneficiary.