As Part of Understanding the Internal Control, an Auditor Is

question 34

Multiple Choice

As part of understanding the internal control, an auditor is not required to:

• A)consider factors that affect the risk of material misstatement.
• B)ascertain whether internal control policies and activities have been placed in operation.
• C)identify the types of potential misstatements that can occur.
• D)obtain knowledge about the operating effectiveness of the client's internal control activities.