Multiple Choice
Auditors obtain an understanding of the internal control through all of the following except
A) Previous experience with the company.
B) Responses to inquiries directed to client personnel.
C) A substantive testing audit plan.
D) A walk-through of one or more transactions.
Correct Answer:
Verified
Correct Answer:
Verified
Q89: An action taken to prevent,detect,and correct errors
Q90: If the auditors encounter a significant scope
Q91: To test the operating effectiveness of a
Q92: The ultimate purpose of assessing control risk
Q93: The concept of _ recognizes that the
Q95: The most efficient means of gathering evidence
Q96: Accounting for the numerical sequence of shipping
Q97: The purpose of separating the duties of
Q98: The audit task of control risk assessment
Q99: Dual-purpose audit tests are procedures that produce