Auditors have traditionally focused most audit procedures on the direct tests of assets and liability account balances, as opposed to examining transactions during the year, because:
A) there are usually fewer items in ending balances
B) less reliable evidence usually exists for ending balances
C) there is a preference to focus on transactions in account balances
D) there are usually more items in ending balances

Question

Quizplus · Accepted Answer

Auditors traditionally focus on direct tests of assets and liability account balances rather than transactions because there are usually fewer items in ending balances, making the audit process more efficient and manageable.

Auditors Have Traditionally Focused Most Audit Procedures on the Direct