The Auditor Has No Responsibility to Plan and Perform the Audit

question 84

Multiple Choice

The auditor has no responsibility to plan and perform the audit to obtain reasonable assurance that misstatements that are not ________ are detected.

• A) important to the financial statements
• B) statistically significant to the financial statements
• C) material to the financial statements
• D) identified by the client

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Definitions:

Corporate Guidelines

Official principles or rules designed to guide decisions and actions within a corporation.

Color And Contrast

The use of different hues and the distinction between elements in design to enhance readability, focus, and aesthetic appeal.

Readability, Clarity

The ease with which text can be read and understood by the audience, often influenced by the writer's choice of words, sentence structure, and organization.

Mechanics

The branch of physics concerned with the motion of objects and the forces that cause this motion.