Place the following steps in their proper order: 1. Analyze exceptions.
2) Select the sample.
3) Define attributes and exception conditions.
4) State the objectives of the audit test.
5) Specify the tolerable exception rate.
A) 1, 3, 2, 4, 5
B) 4, 3, 1, 2, 5
C) 4, 3, 5, 2, 1
D) 1, 2, 3, 4, 5

Question

Quizplus · Accepted Answer

The correct sequence for conducting an audit test starts with stating the objectives (4), then defining attributes and exception conditions (3), specifying the tolerable exception rate (5), selecting the sample (2), and finally analyzing exceptions (1). This logical progression ensures a structured approach to auditing, from planning through execution and analysis.

Place the Following Steps in Their Proper Order: 1