When auditors sample for tests of details of balances, the objective is to determine whether the:
A) account balance being audited is fairly stated.
B) transactions being audited are free of misstatements.
C) controls being tested are operating effectively.
D) transactions and account balances being audited are fairly stated.

Question

Quizplus · Accepted Answer

The primary objective of sampling for tests of details of balances is to determine if the account balance being audited is fairly stated, ensuring its accuracy and reliability in the financial statements.

When Auditors Sample for Tests of Details of Balances, the Objective