Question

_______ is the specific guidelines and directions for efficient and effective

completion of the audit work on timely and daily basis, so as to minimise audit risk.


a) Audit planning

b) Audit report

c) Audit programme

d) Audit certificate​

Answer 1

Answer:

Correct Answer is A Audit Planning This answer Is Correct in this way Hope This answer will help you

Answer 2

The correct fill in the blank is Audit Planning.

• It is the method of determining ahead of time what the auditor will do, who will do it, how they will do it, and when they will do it in order to complete work efficiently and effectively.
• They are basic guidelines and instructions for completing audit work efficiently and effectively on a timely and regular basis in order to reduce audit risk.
• Audit preparation is only possible if the auditor is familiar with the client's business.