Substantive tests of details may involve _______.
A)matching information in the accounting records with information on underlying documents
B)testing of internal controls
C)the clients legal counsel
D)the approval of senior management

Question

Quizplus · Accepted Answer

Substantive tests of details involve testing specific transactions and account balances to ensure their accuracy and completeness. This often involves matching information in the accounting records with information on underlying documents such as invoices, purchase orders, and receipts. Testing of internal controls and the approval of senior management may be part of the audit process overall, but not specifically related to substantive tests of details. The client's legal counsel may become involved in the audit process if there are legal issues or disputes related to the accounting information, but they would not be directly involved in performing substantive tests of details.

Substantive Tests of Details May Involve _______