Which of the following would be included in the audit strategy document?
A)The number of sales transactions to be tested.
B)The decision as to the combination of substantive testing and tests of control that would be adopted.
C)A flowchart of the entity's internal control system.
D)The results of the interim testing of payroll.

Question

Quizplus · Accepted Answer

The audit strategy document outlines the overall approach to the audit, including the combination of substantive testing and tests of control that will be used. The other options may be included in other audit planning documents, such as the audit plan or the internal control documentation, but are not typically part of the audit strategy document.

Which of the Following Would Be Included in the Audit