SOFE
AFE · Question #96
The auditor responds to risks of material misstatements due to fraud in which of the following ways?
The correct answer is D. All of the above. See the full explanation below for the reasoning.
Question
The auditor responds to risks of material misstatements due to fraud in which of the following ways?
Options
- AA response that has an overall effect on how the audit is conducted
- BA response to identified risks involving the nature, timing and extent of auditing procedures to be performed
- Ca response involving the performance of certain procedures to further address the risk of material misstatement due to fraud involving management override of controls.
- DAll of the above
How the community answered
(25 responses)- A4% (1)
- B12% (3)
- C8% (2)
- D76% (19)
Community Discussion
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