Question

Which of the following factor/s influence the auditor's judgement?

• A. The nature of the item
• B. The materiality of the item
• C. The type of information available
• D. All of the above

Answer 1

The correct option is D All of the above

Audit is done to have a the verification of all the accounting transactions along with a due verification of available evidence. There are many factors which influence the judgment of auditor:

Nature of item-

Auditor must see the materiality of the item before taking any decision.

Auditor need to have a cross check with the available information.