audit engagement
$1: An audit engagement is designed and conducted with the objective of issuing an opinion and therefore, cannot be relied on to detect all significant deficiencies in internal control.
$2: The design, implementation, and monitoring of internal control - including the control environment, internal risk assessment, control activities, information and communication, and monitoring — are the responsibilities of management, not the independent auditor.
§3: An auditor in a financial statement audit considers internal control to primary suggest improvements in internal control and to help him express an opinion.
A: Ifall statements are correct.
B-If only one statement is correct.
C- If only two statements are correct.
D- If all statements are incorrect.
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