Which One of the Following Is a Proper Course of Action

question 54

Multiple Choice

Which one of the following is a proper course of action for the auditor when the total estimated misstatement exceeds the tolerable misstatement?

• A)The auditor can ask the client to correct the known misstatements.
• B)The auditor will analyze the detected misstatements for some common problems.
• C)The auditor can expand the sample.
• D)All of the above.

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Definitions:

Parathyroid Gland

Small endocrine glands in the neck that produce parathyroid hormone (PTH), which regulates calcium levels in the blood.

Thyroid Gland

A butterfly-shaped gland located at the front of the neck, producing hormones that regulate metabolism, energy generation, and growth.

Pancreas

A glandular organ in the digestive system that produces enzymes to digest food and hormones such as insulin to regulate blood sugar.

Adrenal Cortex

A layer of the adrenal gland responsible for producing steroid hormones, including cortisol and aldosterone.