Multiple Choice
'Dual-purpose tests' involve:
A) tests of controls that address both the design of the control procedures and their operating effectiveness.
B) tests of transactions that include substantive procedures as well as tests of controls.
C) tests that address both balances and transaction classes.
D) tests performed because of client expectations as well as for gathering audit evidence.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Your client sells a high-technology product which
Q24: When outside firms of non-accountants specialising in
Q25: For which of the following tests would
Q26: In violation of company policy, Morley Ltd
Q27: While undertaking the audit of the debtors'
Q29: A client maintains perpetual inventory records in
Q30: In auditing intangible assets, an auditor would
Q31: The physical count of inventory of Clyers
Q32: Which of the following auditing procedures most
Q33: Which of the following is not a