To Obtain Reasonable Assurance,which Is a High,but Not Absolute Level

question 81

Multiple Choice

To obtain reasonable assurance,which is a high,but not absolute level of assurance,the auditor:

• A)performs the work and properly supervises the client
• B)assumes appropriate materiality level or levels
• C)identifies and assesses risks of material misstatement,whether due to fraud or error,based on an understanding of the entity and its environment,including the entity's internal control
• D)obtains sufficient appropriate management representations about whether material misstatements exist

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Definitions:

Eastern European Countries

Nations located in the eastern part of Europe, often characterized by their historical ties to the Byzantine Empire, Orthodox Christianity, and, more recently, the Soviet Union.

Bosnian Serbs

An ethnic group primarily from Bosnia and Herzegovina, who are predominantly Eastern Orthodox Christians, and played a significant role in the Yugoslav Wars.

Massacred

The brutal and indiscriminate killing of a large number of people, often with the intent to terrorize or annihilate a particular group.

Non-Communist Government

A government system that does not adhere to the principles of communism, often emphasizing private property, market economy, and individual freedoms.