9. When conducting detailed substantive procedures, auditors search for evidence that: a) the client's internal control...
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9. When conducting detailed substantive procedures, auditors search for evidence that: a) the client's internal control system is operating effectively. b) all transactions have been recorded in the correct accounts. c) no fraud has occurred during the year. d) they have remained independent of their clients. 10. Which of the following is not an advantage of non-statistical sampling? a) It allows an auditor to select a sample that they believe is appropriate. b) It allows an auditor to measure sampling risk. c) It is lower cost than statistical sampling. d) It requires less staff training. 9. When conducting detailed substantive procedures, auditors search for evidence that: a) the client's internal control system is operating effectively. b) all transactions have been recorded in the correct accounts. c) no fraud has occurred during the year. d) they have remained independent of their clients. 10. Which of the following is not an advantage of non-statistical sampling? a) It allows an auditor to select a sample that they believe is appropriate. b) It allows an auditor to measure sampling risk. c) It is lower cost than statistical sampling. d) It requires less staff training.
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9 B Intention behind performing the Substantive procedures by an auditor is to check that the... View the full answer
Related Book For
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany
Posted Date:
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