Before Applying Principal Substantive Tests to the Details of Accounts

Multiple Choice

Before applying principal substantive tests to the details of accounts at an interim date prior to the balance sheet date, an auditor should:

A) Assess control risk at a low level for the assertions embodied in the accounts selected for interim testing.
B) Determine that the accounts selected for interim testing are not material to the financial statements taken as a whole.
C) Consider whether the amounts of the year-end balances selected for interim testing are reasonably predictable.
D) Obtain written representations from management that all financial records and related data will be made available.