Multiple Choice
The purpose of tests of controls is to determine that:
A) Internal control policies and procedures are functioning as prescribed.
B) The extent of further audit procedures can be reduced.
C) Errors and irregularities are prevented or detected in a timely manner.
D) The auditor has an understanding of internal control.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: An erroneous decision to assess control risk
Q19: When selecting a sample of items to
Q20: Which of the following statements is correct
Q21: Indicate how each of the following conditions
Q22: When examining the client's internal control,what
Q24: As part of the assessment of control
Q25: In planning a statistical sample for a
Q26: Assume that the audit team established a
Q27: The ultimate purpose of control risk assessment
Q28: The upper limit rate of deviation in