When planning an audit, which of the following is not a factor that affects auditors' decisions about the quantity,

When planning an audit, which of the following is not a factor that affects auditors' decisions about the quantity, type, and content of audit documentation?

a. the auditors' judgment about materiality
b. the auditors' judgment about their independence with regard to the client
c. the existence of new sales contracts important for the client's business
d. the auditors' need to document compliance with generally accepted auditing standards


Answer: b. the auditors' judgment about their independence with regard to the client

When initiating communications with predecessor auditors, prospective auditors should expect

a. to take responsibility for obtaining the client's consent for the predecessor to give information about prior audits
b. to obtain copies of some or all of the predecessor auditor's audit documentation
c. to conduct interviews with the partner and manager in charge of the predecessor public accounting firm's engagement
d. all of the answers are correct


Answer: d. all of the answers are correct

Generally accepted auditing standards require that auditors always prepare and use

a. the written time budgets and schedules for performing each audit
b. a written audit plan
c. a written client consent to discuss audit matters with prospective auditors
d. a written planning memorandum explaining the auditors' understanding of the client's business


Answer: b. a written audit plan