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cc84sc cc84sc
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A year ago
When auditors must decide which type of test to select for obtaining sufficient appropriate evidence, the cost of obtaining the evidence is an important consideration. Rank the following types of tests in order of increasing cost:
1.Tests of controls
2.Substantive tests of transactions
3.Test of details of balances
4.Risk assessment procedures
5.Substantive analytical procedures


▸ 1, 2, 3, 4, and 5

▸ 2, 4, 3, 5, and 1

▸ 5, 4, 1, 2, and 3

▸ 5, 4, 3, 2, and 1
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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PmochPmoch
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A year ago
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cc84sc Author
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A year ago
This site is awesome
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Brilliant ツ
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Correct Slight Smile TY
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