Which of the following is most likely to be an
overall response to fraud risks identified in
an audit?
a. Supervise members of the audit team
less closely and rely more upon
judgment.
b. Only use certified public accountants on
the engagement.
c. Place increased emphasis on the audit of
objective transactions rather than
subjective transactions.
d. Use less predictable audit
procedures.
overall response to fraud risks identified in
an audit?
a. Supervise members of the audit team
less closely and rely more upon
judgment.
b. Only use certified public accountants on
the engagement.
c. Place increased emphasis on the audit of
objective transactions rather than
subjective transactions.
d. Use less predictable audit
procedures.