Multiple Choice
Which of the audit procedures is a form of inductive reasoning where the reasonableness of the aggregate results is inferred from the evidence of reliability of the individual details that are tested?
A) Analytical Procedures
B) Systems Based Audit
C) Direct Substantive Testing
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q7: This is a technique that creates an
Q8: There is a direct relationship between materiality
Q9: AMLE in the context of likely errors
Q10: Planning materiality may be taken at a
Q11: The point where the total value of
Q13: Which kind of audit sampling is generally
Q14: Risk assessment is primarily a part of
Q15: what are the audit procedures commonly used
Q16: Reflecting all the transactions relating to the
Q17: Which method of sampling is not expected