For each of the matters below, indicate through the appropriate letter the fundamental pri...

For each of the matters below, indicate through the appropriate letter the fundamental principle to which the matter is most closely related.

A. Responsibilities principle

B. Performance principle

C. Reporting principle

____ 1. Maintaining professional skepticism.

____ 2. An auditor’s overall conclusion of the fairness of the client’s financial statements.

____ 3. The use of an audit plan to identify audit procedures to be performed during the engagement.

____ 4. Auditors’ assessment of the risk of material misstatement.

____ 5. Accounting firm policies with respect to the level of expected continuing professional education.

____ 6. Expressing an opinion in accordance with the auditor’s findings.

____ 7. Proper supervision of assistants on the audit.

____ 8. Auditors’ requests to obtain bank statements directly from financial institutions with which the client does business.

____ 9. An indication that an opinion cannot be expressed.

____ 10. Determining and applying an appropriate materiality level.