either fact or appearance .
28 . An auditor is concerned with materiality for which of the following reasons ? ( Points : 4 )
to assess internal control to comply with the quality assurance standards of GAAS
to determine the effects of misstatements on the users of financial information
to cut down on audit procedures and testing
29 . A proper system of corporate governance is one that demands ( Points : 4 )
decision making by auditors in place of management . internal audit representation on the board of directors . audit planning to obtain competent and sufficient audit evidence . accountability back through the system to the shareholders .
30 . In determining the types of activities , engagements and interactions an auditor should have with a client , the CPA and the audit firm must ( select the best answer ) ( Points : 4 )
follow the rules exactly as they are written .