Question

The auditor has a right to ___________.

• A. obtain information and explanation
• B. obtain information and explanation from the employees
• C. obtain information and explanation necessary for the purpose of audit
• D. both (B) and (C)

Answer 1

The correct option is D both (B) and (C)

Audit is the process of having verification of all records along with the review of documentary evidences attached in support to the respective transaction.

The audit process involve taking all such information and explanations which are required for completing the audit.

Auditor is having full right to obtain any information and explanation from the employee if required.