Auditors are most likely to use focused audit procedures to examine:
A)routine transactions.
B)low-risk assertions.
C)only the rights and obligations assertion.
D)high-risk assertions.

Question

Quizplus · Accepted Answer

Focused audit procedures are used to examine high-risk assertions, which are deemed most likely to contain material misstatements. This approach allows auditors to concentrate their efforts where there is the greatest risk of error or fraud, and to provide more detailed testing to support their conclusions.

Auditors Are Most Likely to Use Focused Audit Procedures to Examine