For a particular account balance assertion, the auditor is most likely to be able to avoid substantive tests of details with which of these sets of risk assessments?
A) A.
B) B.
C) C.
D) D.
Correct Answer:
Verified
Q13: Tests of details of balances focus on
Q14: If the predominantly substantive approach preliminary audit
Q16: If the lower assessed level of control
Q17: Extensive tests of details for an income
Q19: Confirmation and direct knowledge by the auditor
Q22: Each income statement account is linked to
Q25: Which of the following is not true
Q26: The auditor would be least likely to
Q29: A procedure the auditor would employ in
Q38: The auditor is performing substantive procedures several
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents