Interim testing normally occurs between the ____ and the ____.
A)Beginning of the year under audit; audit report release date.
B)Date of the financial statements; audit report release date.
C)Beginning of the year under audit; date of the financial statements.
D)End of the year under audit; date of the auditors' report.

Question

Quizplus · Accepted Answer

Interim testing typically occurs between the beginning of the year under audit and the date of the financial statements. This allows the auditor to assess the effectiveness of internal controls and detect any potential issues early on, rather than waiting until the end of the year.

Interim Testing Normally Occurs Between the ____ and the ____

Interim Testing Normally Occurs Between the and the