When assessing risk control, the auditor must do all of the following except
A) assess control risk for each objective by evaluating the controls and deficiencies for each objective.
B) perform the detailed test of balances.
C) identify the key internal controls and deficiencies.
D) associate the key controls and deficiencies with the objectives.

Question

Quizplus · Accepted Answer

The auditor is not responsible for performing detailed tests of balances when assessing risk control. This is done during the substantive testing phase. The other three options are all important steps in the risk control assessment process.

When Assessing Risk Control, the Auditor Must Do All of the Following