To obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, the auditor must fulfill several performance responsibilities, including
A. verifying that all audit work is performed by a CPA with a minimum of three years’ experience.
B. obtaining sufficient, appropriate audit evidence.
C. exercising professional judgment.
D. providing an opinion on the financial statements.
Answer:B
To obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, the auditor must fulfill several performance responsibilities, including
A. verifying that all audit work is performed by a CPA with a minimum of three years’ experience. B. obtaining sufficient, appropriate audit evidence. C. exercising professional judgment. D. providing an opinion on the financial statements.