When controls do not "work"
A) the auditor increases the amount of substantive testing
B) the auditor reduces the amount of substantive testing
C) the auditor increases the amount of substantive testing over what would have been done if the control had been effective in preventing or detecting misstatements in the financial statements
D) the auditor decreases the amount of substantive testing over what would have been done if the control had been effective in preventing or detecting misstatements in the financial statements
Correct Answer:
Verified
Q2: Internal control tests are designed to provide
Q3: The basic question to be answered in
Q4: Nonsampling risk is the fact that the
Q5: If the internal control being tested is
Q6: Internal control testing is required when
A)the auditor
Q7: Audit samples for tests of controls may
Q8: When controls "work"
A)the auditor increases the amount
Q9: Auditing sampling is:
A)the selection of a sample
Q10: The auditor is required to understand statistical
Q11: The auditor may test internal controls when
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