Which of the following is the independent auditor’s principal purpose for obtaining an understanding of internal control and assessing control risk in a financial statement audit?   A         To comply with generally accepted accounting principles             B         To obtain a measure of assurance of management’s integrity C         To maintain a state of independence in mental attitude during audit             D         To determine the nature, timing and extent of subsequent audit work

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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13. Which of the following is the independent auditor’s principal purpose for obtaining an understanding of internal control and assessing control risk in a financial statement audit?

 

A         To comply with generally accepted accounting principles

            B         To obtain a measure of assurance of management’s integrity

C         To maintain a state of independence in mental attitude during audit

            D         To determine the nature, timing and extent of subsequent audit work

 

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