Which of the following would an auditor most likely use in determining the auditor's preliminary judgement about materiality?
a. The results of the initial assessment of control risk
b. The anticipated sample size for planned substantive tests
c. The entity's financial statements of the prior year
d. The assertions that are embodied in the financial statements
Ans: c. The entity's financial statements of the prior year
Business
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The ________ includes all international economic transactions with income or payment flows occurring within the year
A) capital account B) current account C) financial account D) IMF account
Business
Archived data from source systems is never present in the data warehouse
Indicate whether the statement is true or false
Business