Compliance auditing procedures are:
A)Tests of controls.
B)Observation procedures.
C)Substantive procedures.
D)Confirmation procedures.

Question

Quizplus · Accepted Answer

Compliance auditing procedures are designed to assess an entity's compliance with laws and regulations. Substantive procedures are the most appropriate choice for this purpose, as they focus on testing the accuracy and completeness of transactions and account balances. Tests of controls, observation procedures, and confirmation procedures are more relevant to the audit of internal control or financial statements.

Compliance Auditing Procedures Are