Material misstatements in the financial statements may not be detected, even
though the audit is properly planned and performed in accordance with Standards
on Auditing.YOUR OPINION ON THE ABOVE STATEMENT?

2)Auditor’s opinion on the financial statement provides:

Profession skepticism means:

4)Ethical requirements relating to an audit of financial statements is specified under
SA 200 and includes:
a) Confidentiality and Objectivity b) Profitability c) Accuracy d) Integrity WHAT IS CORRECT?

Professional judgment is necessary for the decisions relating to:
a)Accept the audit engagement
b)Materiality and audit risk c)Assess reasonableness of estimates made by management in preparing financial statements d)Communicate the matters with TCWG

6)Which of the following statement is **incorrect**? 🤔🤔🤔🤔🤔

In the event that the requirement of applicable laws and regulations differ from the
requirements of SAs, an audit conducted in accordance with the law and
regulation will _____________________

8)The inherent limitations of an audit arise from:

🤔🤔🤔🤔🤔9) Risk of material misstatement in an audit of financial statements may exist at: