Auditors assess internal controls for the purpose of ________ planned audit evidence.
A) requiring
B) increasing
C) estimating
D) reducing

Question

Quizplus · Accepted Answer

Auditors assess internal controls for the purpose of reducing planned audit evidence. Internal controls that are properly designed and effective allow auditors to rely on them to reduce the amount of substantive testing needed to obtain sufficient evidence about account balances or transactions. Therefore, auditors evaluate internal controls to determine whether they can be relied upon to reduce the extent of substantive testing needed.

Auditors Assess Internal Controls for the Purpose of ________ Planned