A substantive strategy is used when control risk has been set at high.

Question

Quizplus · Accepted Answer

A substantive strategy typically involves extensive testing of individual transactions or account balances to provide a high level of assurance about the accuracy and completeness of financial statements. It is often used when control risk is considered high, meaning that the entity's internal controls may not be reliable enough to prevent material misstatements from occurring.

A Substantive Strategy Is Used When Control Risk Has Been