Effectiveness of audit procedures would be reduced by
A) Selecting larger sample sizes for audit.
B) Performing audit procedures at the fiscal year-end date as opposed to the interim period.
C) Deciding to obtain external evidence instead of internal evidence.
D) Performing procedures during the interim period as opposed to at the fiscal year-end date.

Question

Quizplus · Accepted Answer

Performing procedures during the interim period may not capture year-end transactions and balances, reducing the effectiveness of audit procedures.

Effectiveness of Audit Procedures Would Be Reduced by