Which an abnormal fluctuation in gross profit

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Problem 1: An auditor strives to achieve independence in appearance to:

Select one:

A. maintain public confidence in the auditor

B. maintain an unbiased mental attitude

C. become independent in fact.

D. comply with the Corporations Act 2001

Problem 2: An abnormal fluctuation in gross profit that might suggest the need for extended audit procedures for sales and inventories would most likely be identified in the planning phase of the audit by the use of:

Select one:

A. analytical procedures

B. specialised audit programs

C. a preliminary review of internal accounting control

D. tests of transactions and balances

Reference no: EM132816590

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