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Author Question: As the impact from noncompliance is further removed from affecting the financial statements, the ... (Read 57 times)

ShannenConnor

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Question 1

An audit generally provides no assurance that illegal acts that do not have a direct effect on the financial statements will be detected.
◦ true
◦ false

Question 2

As the impact from noncompliance is further removed from affecting the financial statements, the less likely the auditor is to become aware of or recognize noncompliance when auditing the financial statements.
◦ true
◦ false


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Marked as best answer by ShannenConnor on Aug 21, 2022

viper01

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ShannenConnor

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


softEldritch

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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