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  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services
  4. Exam
    Exam 5: Overall Audit Strategy, Audit Program, Audit of the Sales and Collection Cycle, Audit Sampling for Tests of Controls and Substantive Tests of Transactions
  5. Question
    Substantive Tests of Transactions and Substantive Tests of Details of Balances
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Substantive Tests of Transactions and Substantive Tests of Details of Balances

Question 20

Question 20

True/False

Substantive tests of transactions and substantive tests of details of balances are often conducted simultaneously.

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