The auditor's consideration of internal control over financial reporting affects which of the following?
A)The nature,timing,and extent of substantive testing to perform.
B)Inherent risk in the account balance.
C)An acceptable level of control risk for an account balance.
D)Both B and C.

Question

Quizplus · Accepted Answer

The auditor's consideration of internal control over financial reporting primarily affects the nature, timing, and extent of substantive testing to perform, as it helps determine the level of reliance on controls and the necessary audit procedures.

The Auditor's Consideration of Internal Control Over Financial Reporting Affects