The primary emphasis by auditors is on controls over:
A) account balances.
B) classes of transactions.
C) both A and B, because they are equally weighted.
D) both A and B, because they vary from client to client.

Question

Quizplus · Accepted Answer

Auditors primarily focus on controls over classes of transactions, as these are more susceptible to error or fraud compared to account balances. However, they may also consider controls over account balances depending on the nature of the client's operations.

The Primary Emphasis by Auditors Is on Controls Over