Sampling risk results from the auditor’s failure to recognize exceptions in transaction data. ( )
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Confirmation is the most common test of details of balances for the accuracy of accounts receivable. ( )
List the six organizational structures available to CPA firms:______ ______ ______ ______ ______ ______
List the four parts to the AICPA’s Code of Professional Conduct:______ ______ ______ ______
Which one of the following is not one of the characteristics of competent evidence? ( )
A. Independence of provider.
B. Effectiveness of internal control structure.
C. Size of the sample.
Degree of objectivity.