Multiple Choice
Which phase(s) of the audit uses inquiries of clients as a type of evidence?
A) plan and design
B) tests of controls and substantive tests of transactions
C) completion of the audit and issuance of the audit report
D) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q22: Auditing standards require a written audit program.
Q23: Auditors follow a four-step approach to reduce
Q24: Tests of controls, either manual or automated,
Q25: Which of the following audit tests form
Q26: Substantive tests are procedures designed to test
Q28: Substantive tests are procedures designed to test
Q29: Analytical procedures are the most expensive type
Q30: The auditor's understanding of internal control performed
Q31: There are three stages of the audit
Q32: Inherent risk can be extended to individual