Consider the following elements:
1. Scope of audit
2. Validity of appointment
3. Knowledge about business
4. Instruction to client
5. Division of work among audit clerks
The correct sequence of these elements for the commencement of a new audit will be

A. 2, 1, 3, 4, 5 B. 1, 2, 3, 4, 5 C. 5, 1, 4, 3, 2 D. 4, 1, 3, 2, 5

A. Auditing uses the theory of evidence to verify the financial information made available by accountancy B. Auditing lends credibility dimension and quality dimension to the financial statements prepared by the accountant C. Auditor should have a thorough knowledge of accounting concepts and convention to enable opinion on financial statements D. All of the above

A. Survey B. Report C. Checking D. Preparation

A. 10 B. 20 C. 30 D. 60