In determining the extent of reliance to be placed on internal controls, the auditor considers:
A) effectiveness of the internal controls.
B) assessed level of control risk.
C) the costs of increased tests of controls.
D) all of the above

Question

Quizplus · Accepted Answer

In determining the extent of reliance to be placed on internal controls, the auditor considers the effectiveness of the internal controls, assessed level of control risk, and the costs of increased tests of controls. Therefore, all of the above statements are correct.

In Determining the Extent of Reliance to Be Placed on Internal