Reference no: EM132756863

Problem 1: An auditor concludes that the omission of substantive procedures considered necessary at the time of the audit may impair the auditor's current ability to support the opinion that had been previously issued. The auditor need not apply the omitted procedure if the

a. Risk of adverse publicity or litigation is low

b. Results of other procedures that were applied tend to compensate for the omitted procedure

c. Auditor's opinion is qualified because of a departure from generally accepted accounting principles

d. Results of the subsequent period's test of controls make the omitted procedure less important