The auditor's best defense when material
misstatements in the financial statements
are not uncovered in the audit is that
a. The financial statements are client's
responsibility.
b. The audit was conducted in
accordance with PSAs
c. Client is guilty of contributory
negligence.
d. The audit was conducted in accordance
with generally accepted accounting
principles.
misstatements in the financial statements
are not uncovered in the audit is that
a. The financial statements are client's
responsibility.
b. The audit was conducted in
accordance with PSAs
c. Client is guilty of contributory
negligence.
d. The audit was conducted in accordance
with generally accepted accounting
principles.