What is relationship between Testing Controls and Substantive Procedures in the Audit Risk Model?

Group of answer choices

As control testing increases,if controls are effective,substantive testing decreases.

As control testing increases,if controls are effective,substantive testing increases.

As control testing increases,substantive testing increases.

As control testing increases,substantive testing decreases.

An auditor plans to place no reliance on internal controls. One of the audit tests performed by the auditor is to vouch sales from the sales register to the shipping documents. In this instance, this type of test is which of the following?

Group of answer choices

Substantive Test

Control Test

Dual Purpose Test

This is not an audit test.

Cut-off tests are concerned with which management assertion(s)?

Existence Completeness

A) YES YES

B) YES NO

C) NO YES

D) NO NO

During an audit,an auditor discovers that the client has improper cut-off procedures. This could lead to which of the following?

Group of answer choices

Increased reliance on internal controls,increased substantive testing

Decreased reliance on internal controls,decreased substantive testing

Decreased reliance on internal controls,increased substantive testing

Increased reliance on internal controls,decreased substantive testing

Which of the following is NOT an example of vouching?

Group of answer choices

Starting with sales and finding supporting shipping documents to validate the sale.

Starting with A/P and finding the outstanding invoices to support the A/P amount.

Starting with invoices received for purchases and finding those invoiced in the A/P subsidiary ledger.

Starting with A/R and finding supporting sales invoices to support the sale.