Accounts that are clearly trivial or immaterial are usually ignored or only subjected to:
A) tests of controls.
B) analytical procedures.
C) confirmations.
D) observations.

Question

Quizplus · Accepted Answer

Trivial or immaterial accounts are not significant enough to impact the overall financial statements, so they may be subjected only to analytical procedures rather than confirmations or tests of controls. Observations are not typically part of the audit process for individual accounts.

Accounts That Are Clearly Trivial or Immaterial Are Usually Ignored