Test Checking refers to___________?

Related Mcqs:

______the audit risks_______the materiality and_________the audit effort.

A. Lower, Higher, Lower B. Lower, Lower, Higher C. Higher, Lower, Lower D. Lower, Higher, Higher...

Which of the following statements is, generally, correct about the reliability of audit evidence?

A. To be reliable, evidence should conclusive rather than persuasive B. Effective internal control system provides reliable audit evidence C. Evidence obtained from outside sources routed through the client D. All are correct....

In an audit of financial statements, substantive tests are audit procedures that __________?

A. May be eliminated for an account balance under certain conditions B. Are designed to discover significant subsequent events C. Will increase proportionately when the auditor decreases the assessed level of control risk D. May be test of transactions, test of balance and analytical procedures...

The quantity of audit working papers complied on engagement would most be affected by__________?

A. Management’s integrity B. Auditor’s experience and professional judgment C. Auditor’s qualification D. Control risk...

Which of the following best describes the primary purpose of audit programme preparation?

A. To detect errors or fraud B. To comply with GAAP appropriate evidence C. To gather sufficient D. To assess audit risk...