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Which one of the following statements is true? In deciding on substantive tests of transactions,

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Which one of the following statements is true? In deciding on substantive tests of transactions,

Which one of the following statements is true? In deciding on substantive tests of transactions,

▸ some procedures are commonly employed on every audit regardless of the circumstances.

▸ all procedures are dependent on the adequacy of the controls and the results of the tests of controls.

▸ results obtained in the prior year's audit will not affect the procedures used this year.

▸ the materiality of the item will not influence the choice of procedures used.

Textbook

Auditing and Assurance Services

Edition: 17^th

Authors: Arens, Elder, Beasley, Hogan

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casinogurl

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coleshear Author

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A year ago

this is exactly what I needed

gefa

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Thank you, thank you, thank you!

Cdfields

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Good timing, thanks!

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