riances are investigated ation is found, it can be ignored re investigated gement is used to determine which exceptions will be investigated
riances are investigated ation is found, it can be ignored re investigated gement is used to determine which exceptions will be investigated
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Which of the following is true as it relates to the auditor's treatment of control exceptions?
O only material variances are investigated
O if only one deviation is found, it can be ignored
O all exceptions are investigated
O professional judgement is used to determine which exceptions will be investigated
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