Which of the following least likely affect the form and content of the overall audit plan?Select one:a.The size of the entity.b.The entity's form of business organization.c.Methodology and technology used by the auditor.d.Complexity of the audit engagement.

Which of the following is least likely considered by the auditor in developing the overall audit plan?Select one:a.Relevant risk and materiality.b.The involvement of other auditors in the audit of major component of financial statementsc.Understanding of the accounting and internal control systems.d.The general level of competence of audit assistants.

The auditor shall document the overall audit strategy, the audit plan and any significant changes made during the audit engagement to the overall audit strategy or the audit plan, and the reasons for such changes.Select one:TrueFalse

Identify and describe the contents of the overall audit strategy and audit plan.

Controls over the completeness and accuracy of information produced by the entity may be relevant to the audit if the auditor intends to make use of the information in designing and performing further procedures.Select one:TrueFalse

The audit plan contributes to the efficiency of the audit and helps to increase the audit risk to an acceptably low level.Group of answer choicesTrueFalse