Test: CPA Auditing and Attestation (AUD)

1.

In developing an overall audit strategy, the auditor should consider:

Findings from substantive tests performed at interim dates

Whether the allowance for sampling risk exceeds the achieved upper precision limit

Whether the inquiry of the client's attorney identifies any litigation, claims, or assessments not disclosed in the financial statements

Preliminary evaluations of materiality, audit risk, and internal control

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