Choose all the correct options

Question

The third general standard states that due care is to be exercised in the performance of an audit

Accepted Answer

Critical review of the judgment exercised at every level of supervision.

Answer

Thorough review of the existing safeguards over access to assets and records.

Answer

Limited review of the indications of employee fraud and illegal acts.

Answer

Objective review of the adequacy of the technical training and proficiency of firm personnel.

The third general standard states that due care is to be exercised in the performance of an audit. This standard is ordinarily interpreted to require: