After an Audit Report Is Issued,the Auditor Discovers Through a Peer

question 40

Multiple Choice

After an audit report is issued,the auditor discovers through a peer review that an important audit procedure has been omitted.In this case,what should the auditor do?

• A)Notify all parties known to be relying on the report.
• B)Immediately request the client recall the report.
• C)Contact his or her professional liability insurance carrier.
• D)Determine whether the report can still be supported in light of the omitted procedure.

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Definitions:

Cells Group

A grouping of cells in applications like Excel, often to perform bulk operations or formatting.

Add Row to End

The action of inserting an additional row at the bottom of a table or list in software applications or documents.

Insert Arrow

A function in graphic or document editing software that allows users to add arrow symbols or shapes, often used to indicate direction or to point out specific items.

Advanced Filter

A feature in software that allows users to specify more complex criteria for filtering data compared to standard filtering options.