Management Notes

Reference Notes for Management

When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the

When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the

When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the

 Options:

a) Amount of known misstatement is documented in working papers
b) Estimates of the total likely misstatement is less than materiality level
c) Estimate of the total likely misstatement is more than materially level
d) Estimates of the total likely misstatement cannot be made

The Correct Answer Is:

b) Estimates of the total likely misstatement is less than materiality level

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