Multiple Choice
Which of the following assessments are affected by substantive tests of transactions?
A) both acceptable audit risk and control risk
B) both control risk and planned detection risk
C) both inherent risk and control risk
D) both inherent risk and planned detection risk
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q36: What factors should the auditor consider when
Q38: When the auditor plans to use analytical
Q39: The extent of tests of details of
Q40: In the context of an audit of
Q42: After performing a study and evaluation of
Q44: When controls are effectively designed, the auditor
Q45: Which one of the following types of
Q46: Which one of the following steps is
Q49: Discuss the purposes of (1) substantive tests
Q77: Tests of controls are directed toward the