Explain the relationship between tests of controls for the acquisition and payment cycle and tests of details

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Explain the relationship between tests of controls for the acquisition and payment cycle and tests of details of balances for the verification of capital assets. Which aspects of capital assets are directly affected by the tests of controls, and which are not?
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Related Book For  answer-question

Auditing The Art and Science of Assurance Engagements

ISBN: 978-0133405507

13th Canadian edition

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones

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