Question: When testing controls the auditor: (a) Is interested in assessing the effectiveness of controls. (b) Gathers evidence about the balances of the main accounts. (c)
When testing controls the auditor:
(a) Is interested in assessing the effectiveness of controls.
(b) Gathers evidence about the balances of the main accounts.
(c) Does not have to have any prior knowledge of the client’s inherent risks and how the controls address those risks.
(d) All of the above.
Step by Step Solution
3.44 Rating (170 Votes )
There are 3 Steps involved in it
a Is intere... View full answer
Get step-by-step solutions from verified subject matter experts
