Home › CA Inter › auditing › Ethics and Terms of Audit Engagements › Measures that may eliminate threats or reduce th…
Measures that may eliminate threats or reduce them to an acceptable level are called:
Aassertions
Bpreconditions
Cmodifications
Dsafeguards
Answer & Solution
Correct answer: D. safeguards
Safeguards eliminate or reduce threats to an acceptable level.
Related questions
An engagement letter helps avoid misunderstandings by clarifying the objective, scope, andThe fundamental principle most directly breached if an auditor discloses a client's trade Threatening to replace the auditor over a disagreement on an accounting treatment creates Independence is specifically required for ___ engagements such as audits and reviews:Acting as an advocate for a client in resolving a dispute with a third party most directlyIf the preconditions for an audit are not present, the auditor should ordinarily:Where an audit firm's staff has served a client for a very long period, the firm may applyAn auditor holding shares in the audit client company would most directly create a ___ thr