Which of the following factors would least likely affect the quantity and content of an auditor’s working papers

Related Mcqs:

Window dressing implies_______________?

A. Curtailment of expenses B. Checking of Wastages C. Under valuation of assets D. Over Valuation of assets...

Test Checking refers to___________?

A. Testing of accounts and records B. Checking of selected number of transactions C. Examination of adjusting and closing entries D. Checking of all transactions recorded...

Which of the following factors is most important in determining the appropriations of audit evidence?

A. The reliability of audit evidence and its relevance in meeting the audit objective B. The objectivity and integrity of the auditor C. The quantity of audit evidence D. The independence of the source of evidence...

When is evidential matter, generally, considered sufficient?

A. When it constitutes entire population B. When it is enough to provide a basis for giving reasonable assurance regarding truthfulness C. When it is objective and relevant D. When auditor collects and evaluates it independently...

Which of the following statement is true regarding an auditor’s working papers?

A. They document the level of independence maintained by the auditor B. They should be considered as the principle support for the auditor’s report C. They should not contain details regarding weaknesses in the internal control system D. They help the auditor to monitor the effectiveness of the audit firm’s quality control...