Ying Ye believthat she will have to employ sophisticated substantive audit procedurfor her client. What contributto this decision?
A) the nature of the client's accounting system
B) the nature of the internal controls
C) the complexity of the client's data capturing systems
D) none of the above.
Correct Answer:
Verified
Q7: A significant account is one that could
Q10: Corroborative evidence confirms audit findings from other
Q12: The audit program servas the instructions for
Q15: Normally, it is more efficient to carry
Q16: Key item testing is an example of
Q17: Misstatements can only arise from fraud.
Q19: Vouching involvtracking a source document back to
Q20: Maury Lions is ready to undertake substantive
Q22: Stella Zhang has been performing analytical procedurtechniquas
Q38: Inherent risk is
A) assessed as high when
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