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WGU D251 ADAVANCED AUDITING OBJECTIVE ASSESSMENT ACTUAL EXAM NEWEST 2026 ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
1. What is the materiality level that an auditor uses for
determining significant accounts, significant locations, and audit
procedures for those accounts and locations?
a. Planning Materiality
b. Overall Materiality
c. Posting Materiality
d. Performance Materiality
- THE CORRECT ANSWER is: d. Performance Materiality
2. An auditor has determined performance materiality has been
set too high at the beginning of the audit. Which procedures
should this auditor consider to detect misstatements?
a. The auditor should perform additional substantive audit
procedures
b. The auditor should perform additional control audit
procedures.
c. The auditor should perform fewer control audit procedures
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