N 11 1 1 point an important reason for adequately

n 11 1 / 1 point
An important reason for adequately planning the audit engagement is to
Question options:
help decide whether the engagement should be accepted.
enable the auditor to obtain sufficient appropriate audit evidence.
properly design the contents of the engagement letter.
keep audit risk as low as possible.
1 /
One of the purposes of developing a client risk profile is to assist the auditor in
1 /

When the auditor has properly planned and performed the audit to reduce risk to
an acceptably low level that is consistent with the objective of the audit, this
means that the auditor has conducted enough work to
lity
n 14 1 / 1 point
Silka is in the process of performing an audit. During the audit, Silka decided to
change materiality. A valid reason for this would be
on
1 /
When an auditor allocates materiality to segments, then the materiality
amount for different accounts under audit will
Question options:
entially differ from each other.
uire the same level of unanticipated misstatements.
uire the same amount of audit work.
he same for each account audited.