Multiple Choice
If the auditor's assessment of the materiality of the account balance is high, what would be the respective effect on the extent of substantive testing and the nature of procedures performed. Extent of Tests Nature of Procedures
A) Less More rigorous
B) Less Less rigorous.
C) More Less rigorous
D) More More rigorous
Correct Answer:

Verified
Correct Answer:
Verified
Q9: An auditor should give equal emphasis to
Q34: With a substantive audit strategy,what is an
Q38: The AICPA principles governing an audit explicitly
Q45: Which statement is true concerning materiality?<br>A)Misstatements are
Q62: Substantive analytical procedures are optional for significant
Q63: Presentation and disclosure assertions imply that all
Q66: The standards of the PCAOB consist of
Q70: The nature of an audit procedure indicates
Q71: The auditor is not required to test
Q98: When assessing the effectiveness of controls for