After completing tests of key controls,the auditor should review the results and consider whether
A)the planned degree of reliance on internal controls is justified.
B)the audit evidence obtained from the study of internal controls can provide a reasonable basis for an opinion.
C)further study of internal controls is likely to justify any restriction of tests of details of balances.
D)sufficient knowledge has been obtained about the entity's entire internal control structure.

Question

Quizplus · Accepted Answer

The auditor reviews the results of key control tests to determine if the planned reliance on internal controls is justified, which affects the nature, timing, and extent of substantive testing.

After Completing Tests of Key Controls,the Auditor Should Review the Results