MCQOPTIONS
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| 1. |
An auditor who accepts an audit but does not possess the industry expertiseof the business entity should |
| A. | engage experts |
| B. | obtain knowledge of matters that relate to the nature of entity’s business |
| C. | inform management about it |
| D. | take help of other auditors. |
| Answer» B. obtain knowledge of matters that relate to the nature of entity’s business | |