Multiple Choice
Tests of controls are conducted to establish that:
A) there are no material misstatements in the financial statements
B) controls operate effectively
C) controls operate consistently throughout the period
D) both a and c
Correct Answer:
Verified
Correct Answer:
Verified
Q50: Stratification of the population will result in
Q51: Which of the following would not be
Q52: Sampling is required when an audit procedure
Q53: Sampling is not required when:<br>A)the auditor is
Q54: Which sampling method involves the selection of
Q56: The decision of what constitutes sufficient appropriate
Q57: What impact will there be on sample
Q58: Non-sampling risk arises when an auditor:<br>A)uses an
Q59: A disadvantage of statistical sampling is sometimes
Q60: When testing controls,sampling risk is the risk