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

1 Expert Approved Answer
Step: 1 Unlock

a Is intere... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Auditing Risk Based Approach Questions!