3.6.2. Which of the following is a true statement about an auditor's responsibility regarding...
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Accounting
Which of the following is a true statement about an auditor's responsibility regarding consideration of fraud in a financial statement audit? A The auditor should consider the client's internal control and plan and perform the audit to provide absolute assurance of detecting all material misstatements. B The auditor should assess the risk that errors may cause the financial statements to contain any misstatements and determine whether the necessary controls are prescribed and are being followed satisfactorily. C The auditor should consider the types of misstatements that could occur and perform tests on of the information subject to misstatement. D The auditor should assess the risks of material misstatement due to fraud. 
Which of the following is a true statement
about an auditor's responsibility regarding
consideration of fraud in a financial statement audit?
A The auditor should consider the client's
internal control and plan and perform the
audit to provide absolute assurance of
detecting all material misstatements.
B The auditor should assess the risk that errors
may cause the financial statements to contain
any misstatements and determine whether
the necessary controls are prescribed and are
being followed satisfactorily.
C The auditor should consider the types of
misstatements that could occur and perform
tests on of the information subject to
misstatement.
D The auditor should assess the risks of
material misstatement due to fraud.
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