Which of the Following Statements Concerning Noncompliance by Clients Is

question 23

Multiple Choice

Which of the following statements concerning noncompliance by clients is correct?

• A)An auditor's responsibility to detect noncompliance that has a direct and material effect on the financial statements is the same as that for errors and frauds.
• B)An audit in accordance with generally accepted auditing standards normally includes audit procedures specifically designed to detect noncompliance that has an indirect but material effect on the financial statements.
• C)An auditor considers noncompliance from the perspective of the reliability of management's representations rather than their relation to audit objectives derived from financial statement assertions.
• D)An auditor has no responsibility for noncompliance that has an indirect effect on the financial statements.

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