It is not important that the auditor evaluate and test a client' assertions early in the audit with regards to significant or unusual sales transactions, as long as the auditor evaluates and tests these assertions before the audit is completed.

Question

Quizplus · Accepted Answer

It is important for the auditor to evaluate and test significant or unusual sales transactions early in the audit, because if any issues or discrepancies are identified, it can provide additional information and lead to further testing in other areas. Waiting until the end of the audit to evaluate these assertions could result in significantly more work and potentially missed errors or fraud.

It Is Not Important That the Auditor Evaluate and Test