Multiple Choice
The use of a substantive analytical procedure may be more appropriate and provide more persuasive audit evidence depending on _______.
A) the nature of the assertion
B) whether management agrees with its use
C) the nature of the control
D) whether the internal auditors are able to confirm the evidence
Correct Answer:
Verified
Correct Answer:
Verified
Q40: Statistical sampling _.<br>A)should generally not be used
Q41: Testing of internal controls is typically conducted
Q42: Risk response at the financial statement level
Q43: A client has 100 customers constituting a
Q44: Examples of causes of misstatements include which
Q46: If the client has well-designed, implemented, and
Q47: If the auditor determines that internal controls
Q48: If the assessed risk of material misstatement
Q49: When analytical procedures are used to obtain
Q50: Management bias is defined as _.<br>A)a lack