Control tests should be applied to samples of transactions and control procedures:
A)Which occurred during the interim audit so that they provide direct auditor's knowledge.
B)Selected by management as being representative of all transactions processed.
C)Throughout the period being audited.
D)Which occur primarily close to reporting period ends such as year end or quarter end.

Question

Quizplus · Accepted Answer

Control tests should be applied throughout the period being audited to ensure that controls are operating effectively over the entire period, not just at specific times.

Control Tests Should Be Applied to Samples of Transactions and Control