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

question 9

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 fraud based on an understanding of the entity and its environment,including the entity's internal control
• D)obtains sufficient appropriate audit evidence about whether material misstatements exist

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Definitions:

Dissociative Amnesia

A psychological condition characterized by memory loss that is too extensive to be explained by ordinary forgetfulness and is not due to a neurological condition.

Psychological Disorders

Mental disorders characterized by persistent disturbance or dysfunction in behavior, thoughts, or emotions that causes significant distress or impairment.

Anterograde Amnesia

The inability to form new memories following the onset of an amnesia-causing event, despite typically retaining memories from before the event.

Dissociative Fugue

A psychological state in which a person temporarily loses their sense of personal identity and impulsively wanders or travels away from their home.