Multiple Choice
Which of the following tests determine whether accounting transactions have been properly authorised, correctly recorded and summarised in the journals, and correctly posted to subsidiary ledgers and the general ledgers?
A) substantive tests of balances
B) substantive tests of transactions
C) tests of controls
D) analytical procedures
Correct Answer:

Verified
Correct Answer:
Verified
Q60: Events occurring after the date of the
Q61: ASA 315 requires the auditor to assess
Q62: Which of the following is NOT part
Q63: Which one of the following types of
Q64: The actual operation of an internal control
Q66: The evidence mix which the auditor chose
Q67: There are seven methods of obtaining audit
Q68: Why does an auditor evaluate the client's
Q69: The highest cost audit will be incurred
Q70: The timing of phase I audit procedures