Which of the following is a true statement
about an auditor's responsibility regarding
consideration of fraud in a financial statement audit?
A The auditor should consider the client's
internal control and plan and perform the
audit to provide absolute assurance of
detecting all material misstatements.
B The auditor should assess the risk that errors
may cause the financial statements to contain
any misstatements and determine whether
the necessary controls are prescribed and are
being followed satisfactorily.
C The auditor should consider the types of
misstatements that could occur and perform
tests on of the information subject to
misstatement.
D The auditor should assess the risks of
material misstatement due to fraud.
