The procedures to test effectiveness of control policies and procedures in support of a lower assessment of control risk are called:
A) a walk-through.
B) analytical tests.
C) tests of transactions.
D) tests of controls.

Question

Quizplus · Accepted Answer

Tests of controls are procedures used to test the effectiveness of control policies and procedures in support of a lower assessment of control risk. Walk-throughs are used to gain an understanding of a process, analytical tests are used to detect relationships and trends in data, and tests of transactions are used to evaluate the accuracy and completeness of individual transactions.

The Procedures to Test Effectiveness of Control Policies and Procedures