ISA 250: Consideration of Laws and Regulations in Auditing

To perform specified audit procedures to help identify non-compliance with other laws and regulations

To respond appropriately to non-compliance or suspected non-compliance identified during the audit (correct)

To obtain sufficient appropriate audit evidence that have a direct effect on the determination of material amounts and disclosures in the financial statements

To overlook non-compliance with laws and regulations during the audit

Acts of omission or commission by the entity, whether intentional or unintentional, contrary to prevailing laws or regulations (correct)

Acts of omission or commission unrelated to business activities of the entity

Personal misconduct by those charged with governance, management, or employees of the entity

Acts of commission that are intentional and related to business activities of the entity

To maintain a degree of professional skepticism and remain alert on instances of non-compliance or suspected non-compliance (correct)

To assume that all laws and regulations are being adhered to by the entity

To ignore instances of non-compliance with laws and regulations

To report all instances of non-compliance without any investigation

<p>Personal misconduct by those charged with governance, management, or employees of the entity</p> Signup and view all the answers

<p>Specific audit procedures tailored to each individual entity</p> Signup and view all the answers