8 S1: If the engagement is revised from an audit to agreed-upon procedures, the new engagement should not mention the original engagement. S2: Compliance audits are used to determine adherence to rules and regulations set by higher authority. Group of answer choices Both S1 and S2 are incorrect. Only S1 is correct. Both S1 and S2 are correct. Only S2 is correct.
8 S1: If the engagement is revised from an audit to agreed-upon procedures, the new engagement should not mention the original engagement. S2: Compliance audits are used to determine adherence to rules and regulations set by higher authority. Group of answer choices Both S1 and S2 are incorrect. Only S1 is correct. Both S1 and S2 are correct. Only S2 is correct.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 39CYBK
Related questions
Question
8 S1: If the engagement is revised from an audit to agreed-upon procedures, the new engagement should not mention the original engagement.
S2: Compliance audits are used to determine adherence to rules and regulations set by higher authority.
Group of answer choices
Both S1 and S2 are incorrect.
Only S1 is correct.
Both S1 and S2 are correct.
Only S2 is correct.
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