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  4. In determining the level of materiality for an aud...

Question #73148

Auditing

In determining the level of materiality for an audit, what should not be considered?


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Answer: In determining the level of materiality for an audit, what should not be considered The auditor’s remuneration.

Auditing Related Questions

  • Q1.
    ____________ is a systematic examination of the books and records or a business?
  • Q2.
    The term ‘Audit’ is derived from a Latin word “audire” which means___________?
  • Q3.
    The main object of an audit is _____________?
  • Q4.
    An auditor is like a_______________?
  • Q5.
    Process of verifying the documentary evidences of transactions are known as___________?
  • Q6.
    Auditing is compulsory for____________?
  • Q7.
    Concealment of shortage by delaying the recording of cash receipts is known as_____________?
  • Q8.
    The fundamental objective of the audit of a company is to_____________?
  • Q9.
    The concept of stewardship means that a company’s directors________________?
  • Q10.
    Why do auditors concentrate their efforts on material items in accounts?

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