Multiple Choice
The nature of substantive procedures normally consists of one or a combination of which of the following techniques?
A) Key item testing
B) Analytical procedures
C) Representative sampling
D) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Vouching involves:<br>A)the application of audit procedures to
Q10: Overall significant account conclusion statements are captured
Q11: Analytical procedures that provide persuasive or corroborative
Q12: There are certain audit procedures that are
Q13: Typically,substantive testing tends to be performed:<br>A)half way
Q15: Misstatements can only arise from fraud.
Q16: Explain and evaluate the 'fuzzy logic' approach
Q17: Performing substantive procedures prior to year-end,in the
Q18: The lack of significant change in an
Q19: Explain the difference between vouching and tracing.