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For Each of the Items Below,indicate Through the Appropriate Letter

question 57

Short Answer

For each of the items below,indicate through the appropriate letter the fundamental principle to which the item is most closely related.
A.Responsibilities principle
B.Performance principle
C.Reporting principle
1___.Maintaining professional skepticism.2___.An auditors' overall conclusion of the fairness of the client's financial statements.3___.The use of an audit plan to identify audit procedures to be performed during the engagement.4___.Auditors' assessment of the risk of material misstatement.5___.Accounting firm policies with respect to the level of expected continuing professional education.6___.Expressing an opinion in accordance with the auditor's findings.7___.Proper supervision of assistants on the audit.8___.Auditors' requests to obtain bank statements directly from financial institutions with whom the client does business.9___.An indication that an opinion cannot be expressed.10___.Determining and applying an appropriate materiality level.


Definitions:

Social Media

Online platforms and tools that allow individuals to produce, distribute content, and engage in social networks.

Engagements

Instances of being involved or committed to a particular activity, event, or enterprise.

Cooperative

An organization owned and operated by a group of individuals for their mutual benefit, often involving shared costs, labor, and benefits.

Medium Selection

The process of choosing the most appropriate communication channels or platforms for advertising or promoting a product, service, or message to the target audience.

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