Q
Which of the following statement is true regarding an auditor’s working papers?
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A
A. They document the level of independence maintained by the auditor
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B
B. They should be considered as the principle support for the auditor’s report
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C
C. They should not contain details regarding weaknesses in the internal control system
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D
D. They help the auditor to monitor the effectiveness of the audit firm’s quality control
Correct Answer:
B. B. They should be considered as the principle support for the auditor’s report