When Substantive Tests Performed Identify Errors or Exceptions,the Auditor's First

question 30

Multiple Choice

When substantive tests performed identify errors or exceptions,the auditor's first response is to:

• A)understand why the exception or error has arisen.
• B)qualify the audit report.
• C)report the client to ASIC.
• D)None of the above

---

Definitions:

Federal Government

The system of government at the national level in a federal state, which has specific powers over matters not delegated to the states.

Environmental Regulation

Laws and rules enforced by governments to control human activities that impact the environment, aiming to reduce pollution and protect natural resources.

Pollutant

Substances that contaminate the environment, causing harm to ecosystems, human health, and the climate.

Injunctive Relief

A court-ordered act or prohibition against certain actions that are likely to cause irreparable harm or injustice.