Which of the following is true?
A) tests of details of balances focus on the ending balances for accounts in the client's ending trial balance
B) tests of details of balances focus on the transactions during the period
C) tests of details of balances focus on the auditor's understanding of internal controls
D) tests of details of balances focus on comparisons of recorded amounts to expectations developed by the auditor

Question

Quizplus · Accepted Answer

Tests of details of balances focus on verifying the ending balances for accounts in the client's ending trial balance. These tests involve examining transaction details, such as invoices and receipts, to ensure that the ending balances for accounts are accurate.

Which of the Following Is True