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AFE · Question #93

Which are the types of misstatements relevant to the auditor's consideration of fraud in a financial statement audit?

The correct answer is C. Both A & B. See the full explanation below for the reasoning.

Question

Which are the types of misstatements relevant to the auditor's consideration of fraud in a financial statement audit?

Options

  • Amisstatements arising from fraudulent financial reporting
  • Bmisstatements arising from misappropriations of assets
  • CBoth A & B
  • DNeither A nor B

How the community answered

(30 responses)
  • A
    13% (4)
  • B
    3% (1)
  • C
    77% (23)
  • D
    7% (2)

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