Which of the following procedures most likely would be included as part of an auditor's tests of controls?
A) Reconciliation.
B) Inspection.
C) Analytical procedures.
D) Confirmation.

Question

Quizplus · Accepted Answer

Inspection involves examining and reviewing documents, records, and procedures to assess control effectiveness. This would be a commonly used procedure as part of an auditor's tests of controls. Reconciliation, analytical procedures, and confirmation are substantive procedures that focus on the accuracy and completeness of transactions, balances, and disclosures. While they may be included in an overall audit program, they are not typically part of tests of controls.

Which of the Following Procedures Most Likely Would Be Included