Which of the following would not be included in a test of control working paper?
A) the purpose of the test
B) a conclusion about whether the account balance is materially misstated
C) the work performed
D) the findings/results of the testing

Question

Quizplus · Accepted Answer

A test of control working paper would not include a conclusion about whether the account balance is materially misstated. This is because a test of control is designed to evaluate the effectiveness of internal controls over financial reporting, not to detect errors or fraud in the account balance itself. The purpose of the test, the work performed, and the findings/results of the testing would all be included in the working paper.

Which of the Following Would Not Be Included in a Test