Henrietta Lombardi assessed control risk to be low. What is the appropriate audit strategy she should adopt?
A) predominantly substantive audit approach
B) control testing strategy
C) combined audit strategy
D) substantive year end testing

Question

Quizplus · Accepted Answer

When control risk is assessed as low, a combined audit strategy is appropriate, which involves relying on controls and performing some substantive testing.

Henrietta Lombardi Assessed Control Risk to Be Low