During Substantive Testing, If Material Misstatements Have Been Found to Exist

question 11

Multiple Choice

During substantive testing, if material misstatements have been found to exist, which of the following actions should be taken next?

• A)Proceed to the audit completion in the reporting phase
• B)Re-evaluate the audit risk in the planning phase
• C)Re-perform detailed tests of balances
• D)Re-perform an internal controls systems analysis

---

Definitions:

Patient Satisfaction

The degree to which patients are happy with their healthcare, including the quality of medical services, and their experiences with healthcare providers and facilities.

Authority

The prerogative to command, settle decisions, and enforce acquiescence.

Influencing

The capacity or power to affect others’ beliefs, attitudes, or actions by various means, including persuasion, social pressure, or leadership traits.

Traditional Managers

Managers who follow established procedures and practices, often valuing consistency and stability over innovation.