Type(s)of evidence collected during substantive tests of transactions are:
A) inquiries of the client.
B) re-performance.
C) documentation.
D) all of the above

Question

Quizplus · Accepted Answer

Substantive tests of transactions may involve various procedures, including inquiries of the client to gain an understanding of the transaction processing system, re-performance to test whether the controls are operating effectively, and documentation such as invoices, receipts, and other supporting records to provide evidence of the occurrence, completeness, accuracy, and validity of transactions. Therefore, all of the above choices could be types of evidence collected during substantive tests of transactions.

Type(s)of Evidence Collected During Substantive Tests of Transactions Are