Substantive procedures are designed to _______.
A)detect material misstatements at the assertion level
B)evaluate the operating effectiveness of controls in preventing, or detecting and correcting, material misstatements at the assertion level
C)determine the quantity of audit procedures to be performed
D)determine when the audit procedures will be performed

Question

Quizplus · Accepted Answer

Substantive procedures are performed to detect material misstatements at the assertion level. These procedures provide evidence for the auditor to support or refute the assertions made by the management in the financial statements.

Substantive Procedures Are Designed to _______