Recent Posts • Latest Topics • Unanswered Questions

The auditor may identify some risks that cannot be effectively tested by substantive tests alone, ...

eFishie

wrote...

Go to Answer

Posts: 689

Rep:

6 years ago

The auditor may identify some risks that cannot be effectively tested by substantive tests alone, ...

The auditor may identify some risks that cannot be effectively tested by substantive tests alone, for example, when there are paperless transactions (perhaps using EDI - electronic data interchange). Then the auditor is required, to address those risks, to
A) assess the design effectiveness of relevant controls, and test them
B) obtain an understanding of the controls and test them if reliance is intended
C) obtain an understanding of the controls and assess their design effectiveness
D) test the controls that address the paperless aspects of the transactions

Textbook

Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Edition: 12^th

Authors: Arens, Elder, Beasley, Splettstoesser

Read 74 times

1 Reply

Report

Replies

Answer verified by a subject expert

inthe80s

wrote...

Posts: 475

Rep:

6 years ago

More solutions for this book are available here

Report

Related Topics

eFishie Author

wrote...

6 years ago

Brilliant ツ

mkyoungs

wrote...

Yesterday

Good timing, thanks!

hmonier

wrote...

2 hours ago

Thanks

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1573 People Browsing

128 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

527

233

300

Your Opinion

Previous poll results: Which 'study break' activity do you find most distracting?

Courses by Biology Forums

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Bonobos, Chimpanzees, and the 98% DNA Link

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.