Multiple Choice
The nature of an audit procedure refers to _______.
A) its purpose (test of controls or substantive procedure) and its type
B) its extent (test of controls or substantive procedure) and its type
C) its timing (test of controls or substantive procedure) and its type
D) its timing (test of controls only) and its type
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Which of the following factors impact the
Q2: Finding an appropriate combination of audit procedures
Q3: The auditor's tests supported by reliable and
Q4: A significant risk is _.<br>A)a risk that
Q6: The extent of substantive procedures refers to
Q7: AU-C 330 Performing Audit Procedures in Response
Q8: Briefly discuss the two factors that affect
Q9: Accounting estimates, by their nature _.<br>A)involve objective
Q10: Substantive tests of details to test the
Q11: Assertions about account balances at year-end typically