Which of the Following Would an Auditor Most Likely Use

question 195

Multiple Choice

Which of the following would an auditor most likely use in determining the auditor's preliminary judgment about materiality?

• A) The anticipated sample size of the planned substantive tests.
• B) The entity's annualized interim financial statements.
• C) The results of the internal control questionnaire.
• D) The contents of the management representation letter.

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Definitions:

American Medical Association

A professional association for physicians in the United States aimed at promoting the art and science of medicine and the betterment of public health.

Testimony

A formal written or spoken statement, especially one given in a court of law.

Hypnosis

An altered state of consciousness marked by enhanced focus and suggestibility, commonly utilized for healing purposes.

Unpleasant Memories

Memories that invoke negative emotions due to past traumatic or distressing experiences.