Which of the following should NOT be considered at the planning stage?

Related Mcqs:

The term ‘Audit’ is derived from a Latin word “audire” which means___________?

A. To inspect B. To examine C. To hear D. To investigate...

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...

What would most appropriately describe the risk of incorrect rejection in terms of substantive testing?

A. The auditor concludes balance is materially correct when in actual fact it is not B. The auditor concludes that the balance is materially misstated when in actual fact it not C. The auditor has rejected an item for sample which was material D. None of the above...

Balance sheet audit includes verification of____________?

A. Assets C. Income and expense accounts where appropriate B. Liabilities D. All of the above...

A statutory auditor has a right of access at all times to___________?

A. Books and accounts of a company B. Books, accounts and documents of the company C. Books, accounts and vouchers of the company D. Notices and documents of the company...