Reference no: EM132779724

Problem 1: Concerning errors, irregularities and illegal acts, the auditor should plan the audit with an attitude of:

Select one:

Option 1: professional scepticism.

Option 2: cautious mistrust.

Option 3: adversarial pursuit.

Option 4: seasoned pessimism.

Problem 2: Management is responsible for implementing effective controls to control risks identified in a risk assessment. Which of these would not be considered to impact on management's risk assessment?

Select one:

Option 1: Changing the external auditor.

Option 2: New personnel.

Option 3: New technology.

Option 4: Expanding foreign exchange operations