'Dual-purpose tests' is a term used for:
A)tests of controls that address both the design of the control procedures and their operating effectiveness.
B)tests of transactions that include substantive procedures as well as tests of controls.
C)tests that address both balances and transaction classes.
D)tests performed because of client expectations as well as for gathering audit evidence.

Question

Quizplus · Accepted Answer

Dual-purpose tests refer to tests of transactions that include both substantive procedures (to determine monetary accuracy) and tests of controls (to determine whether the control procedures are effective in preventing and detecting errors). These tests serve two purposes: to gather audit evidence and to evaluate the effectiveness of control procedures.

'Dual-Purpose Tests' Is a Term Used For