Question

Which of the following statements regarding an auditor's

responsibilities is FALSE?

A Auditor is not expected to perform duties that fall outside the domain of his competence.

B Auditors are responsible for obtaining absolute level of assurance about whether the financial statements as a whole are free from material misstatement.

C Audit is not an official investigation into alleged wrong doing.

D Auditors are not responsible for detecting all instances of fraud within a company.

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Which of the following statements regarding an auditor's

Solution