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Which of the following statements are true in respect of the reduction in sample sizes?
1. The audit plan has not been followed
2. Sufficient appropriate evidence may not have been obtained
3. Material misstatements may go undetected
4. Those sections will need to be reviewed by a manager and the manager will form a conclusion on the balancesOptions:
• o 1, 2 and 3 only
• o 2 and 4 only
• o 1, 3 and 4 only
• o 1, 2, 3 and 4Why the option 4 is incorrect
Can you explain me I dont get the option 4 pointI’m not familiar with this Q and in the absence of scenario it is not possible to answer. (There may be circumstances in which a reduction in sample size IS an appropriate response.)
But Assuming the Q has a scenario, this may be the answer you are looking for: https://opentuition.com/topic/spring-and-co
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