Common examplof substantive procedurrelated to key items testing and representative sampling include:
A) tests of income statement accounts for account classification.
B) tests of client prepared schedules.
C) tests of underlying data to be used as part of the analytical procedures.
D) all of the above.

Question

Quizplus · Accepted Answer

All of the above choices relate to substantive procedures related to key items testing and representative sampling. Tests of income statement accounts for account classification and tests of client prepared schedules both involve key items testing, while tests of underlying data to be used as part of analytical procedures involve representative sampling.

Common Examplof Substantive Procedurrelated to Key Items Testing and Representative