When an Auditor Is Approached to Perform an Audit for the First

question 2

Multiple Choice

When an auditor is approached to perform an audit for the first time, the auditor should make enquiries of the previous auditor.This is a necessary procedure because the predecessor may be able to provide the successor with information that will assist the successor in determining:

• A)whether the predecessor's work should be utilised.
• B)whether the company follows the policy of rotating its auditors.
• C)whether the predecessor's assessment of control risk has been high.
• D)whether the engagement should be accepted.

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Definitions:

Asymptomatic Persons

Individuals who carry a disease or condition but do not exhibit symptoms.

Bio-behavioral Markers

Biological indicators, often physiological or genetic, that relate to how behavioral patterns or psychological states affect health and disease.

Monozygotic Twins

Identical twins that result from one zygote splitting and developing into two separate embryos.