Typically,substantive testing tends to be performed:
A)half way through the financial year.
B)at the start of the financial year.
C)at or near year-end.
D)only when the client's management allows the auditor to conduct the tests.

Question

Quizplus · Accepted Answer

Substantive testing is typically performed at or near year-end when the majority of transactions have occurred and financial statements are being prepared for audit. This allows the auditor to obtain sufficient evidence to support their opinion on the financial statements.

Typically,substantive Testing Tends to Be Performed