A reliance on controls strategy would involve _______.
A)the auditor performing primarily tests of controls
B)the auditor performing primarily substantive procedures
C)obtaining written assertions and representations from management
D)the external auditor relying on the internal audit function

Question

Quizplus · Accepted Answer

A reliance on controls strategy involves the auditor performing primarily tests of controls, which are procedures designed to evaluate the effectiveness of the entity's internal controls in preventing or detecting material misstatements. This strategy is typically used when the auditor believes that the entity's internal controls are effective and reliable.

A Reliance on Controls Strategy Would Involve _______