Multiple Choice
Auditors should develop a written audit program so that:
A) All material transactions will be included in substantive testing.
B) Substantive testing performed prior to year-end will be minimized.
C) The procedures will achieve specific audit objectives related to specific management assertions.
D) Each account balance will be tested under either a substantive test or a test of controls.
Correct Answer:

Verified
Correct Answer:
Verified
Q73: It's necessary to study information-based processing and
Q74: Risk assessment is a process designed to:<br>A)Identify
Q75: Generalized audit software can be used to:<br>A)Examine
Q76: GAAS, generally accepted auditing standards, provide a
Q77: Because it is not possible to test
Q79: The general guidelines, known as the generally
Q80: This organization was established by the IFAC
Q81: Which of the following best describes what
Q82: This organization, established by the Sarbanes-Oxley Act,
Q83: The likelihood that errors or fraud may