Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Exercise 1

Samples to test internal controls are intended to provide a basis for an auditor to conclude whether
A) The controls are operating effectively.
B) The financial statements are materially misstated.
C) The risk of incorrect acceptance is too high.
D) Materiality for planning purposes is at a sufficiently low level.