Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 16. which statement is false? a. sas no. 99 indica

16. Which statement is false? A. SAS No. 99 indicates that auditors must be skeptical....

90.2K

Verified Solution

Question

Accounting

16.

Which statement is false?

A. SAS No. 99 indicates that auditors must be skeptical.

B. Skepticism is an attitude that includes a questioning mind and a critical assessment of

audit evidence.

C. SAS No. 99 instructs auditors to question management about possible fraud.

D. Tests of controls by auditors are sufficient for auditors to catch fraud.

E. None of the above.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Hey there! My professor wrote this vague problem on the board and I can't figure out...

General Management
1.2K views

Define organizational culture. Using examples, define and describe the seven primary characteristics that capture the essence of...

Physics
1.2K views

Water is hard to compress as its bulk modulus is 2.0 x 10 pascals. If...

Geometry
1.2K views

What is sin 28 28 17 15 62 90 00

Basic Math
1.2K views

The last time Brea played softball, she hit the ball 35% of the times she...

Accounting
1.2K views

Green Manufacturing Inc. is a decentralized company consisting of several strategic business units (divisions). The...

Accounting
1.2K views

Alamo Group Inc. (NYSE: ALG) Based on all of the Information below, do you predict...

Accounting
1.2K views

Explain what is public interest and how does it relate to the auditors code of...

Accounting
1.2K views

Factory Overhead Cost Variance Report Tannin Products Inc. prepared the following factory overhead cost...

Accounting
1.2K views

The formula is used to calculate Co: b. af the ratio of sales revenue of...

Accounting
1.2K views

you are the office manager of a small financial credit business. An international applicant that...

Finance
1.2K views

REITs are available as closed ended funds that are usually exchange traded and are perhaps...