The least likely procedure to obtain an understanding of internal controls would be:
A) reviewing previous experience with the client.
B) inspecting documents and records.
C) confirming transactions.
D) inquiring of appropriate management.
E) observing entity operations.

Question

Quizplus · Accepted Answer

Confirming transactions is more related to substantive testing rather than obtaining an understanding of internal controls. The other options (A, B, D, E) are direct methods to understand how the internal controls are designed and implemented.

The Least Likely Procedure to Obtain an Understanding of Internal