RaviRavi Staff asked 11 months ago
1 Answers
RaviRavi Staff answered 11 months ago

139. 15-year-old streamlined audit assignment. Is this approach correct?
a) Yes, policy of the firm to appoint senior manager is correct.
b) No, engagement partner should be appointed.
c) Yes, policy of the firm to appoint senior manager is correct as he has proper
experience to handle such assignment
d) No, even though the senior manager is an experienced, engagement partner should be there.
Answer:d) No, even though the senior manager is an experienced, engagement partner should be there.
 
MCQ revised for better understanding:
Senior manager of the firm is a whole and sole incharge of 15 year old streamlined audit assingment .Is this approach correct?
a) Yes ,policy of the firm to appoint senior manager is correct.
b) No , engagement partner should be appointed.
c) Yes ,policy of the firm to appoint senior manager is correct as he has proper experience to handle such assingmnet
d)No , even though the senior manager is an experienced , engagement partner should be there
Answer:
d)No , even though the senior manager is an experienced , engagement partner should be there
 

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