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1.In a review engagement, which of the following is least likely to occur during the engagement?...

1.In a review engagement, which of the following is least likely to occur during the engagement?

enquiries with management and other personnel.

analytical procedures.

review of the internal controls of the entity.

substantive audit procedures.
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Answer #1

review engagemnet ascertains whether or not financial statemnets are believable or plausible. among all the given options, the least likelihood of occurance is substantive audit procedures because substantive procedures creates conclusive evidence regarding the completeness, existence, disclosure, rights or valuation of financial statemnet accounts.

reviewing the internal control of the entity would be the next least likelihood during review audit engagemnet

as internal control addresses the relevant risk and monitors the organization's resouces

however analytical procedures identifies potential risk areas to plan other audit procedures.

management and personnel enquiries gives the key information to audit process.

hence correct option is D, substantive audit procedures

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