If Materiality Judgments Change During the Audit Opinion Formulation Process,what

question 81

Multiple Choice

If materiality judgments change during the audit opinion formulation process,what happens to previous audit decisions that were based on the evidence obtained using the initial materiality setting?

• A)The auditor reassesses those previous decisions.
• B)The auditor repeats all audit procedures performed prior to the change in materiality judgments.
• C)The auditor modifies the audit opinion to note the change in materiality judgements.
• D)No action is required.