Question：Which of the following best describes the nature of an audit strategy?
A. It is a detailed specification of auditing procedures to be performed.
B. It is the auditor's plan for meeting the ISAs pertaining to study andevaluation of accounting and internal control systems.
C. It represents the auditor's plan for meeting quality control standards.
D. It sets the scope, timing and direction of the audit, and guides the development of the more detailed audit plan.
The correct answer is: It sets the scope, timing and direction of the audit, and guides the development of the more detailed audit plan.
Question：You are the auditor of Nenox, a large public limited pharmaceuticals manufacturer. The audit is complex and high profile and it is particularly important that non-sampling risk is minimised.
Which of the following would have no effect on non-sampling risk?
A. Review the audit working papers more frequently.
B. Produce a detailed planning memorandum.
C. Use more experienced staff.
D. Increase the number of items selected for detailed testing.
The correct answer is: Increase the number of items selected for detailed testing.
Increasing the number of items selected for detailed testing will impact on sampling risk but will have no effect on non-sampling risk.
The other three choices will have the effect of reducing non-sampling risk.
，我們將會及時處理。