Why do auditors concentrate their efforts on material items in accounts.
A. Because they are easier to audit
B. Because it reduces the audit time
C. Because the risk to the accounts of their being incorrectly stated
D. Because the directors have asked for it
Answer:C
Why do auditors concentrate their efforts on material items in accounts.
A. Because they are easier to audit B. Because it reduces the audit time C. Because the risk to the accounts of their being incorrectly stated D. Because the directors have asked for it