Which of these would be a reason for adopting a predominantly substantive approach?
A) accounts are affected by more than one transaction class.
B) detection risk has been assessed as high.
C) there are no significant control procedures that pertain to the assertion.
D) control risk has been assessed as low.

Question

Quizplus · Accepted Answer

A predominantly substantive approach is adopted when there are no significant control procedures related to the assertion, indicating that reliance on controls to reduce audit risk is not feasible, thus requiring more substantive testing.

Which of These Would Be a Reason for Adopting a Predominantly