At the planning stage,the auditor's primary goal when deciding on control reliance is to ________.
A)select the most inexpensive set of evidence-gathering techniques
B)maximize audit fees
C)select the most effective and efficient set of evidence-gathering techniques
D)minimize field work at remote locations

Question

Quizplus · Accepted Answer

During the planning stage, the auditor's primary goal is to select the most effective and efficient set of evidence-gathering techniques. This includes deciding on control reliance, which involves assessing the effectiveness of the client's internal controls to determine the level of reliance the auditor can place on them. The goal here is to identify areas where the auditor can rely on the client's controls to reduce the amount of testing required, without compromising the overall audit quality. Therefore, the best choice is C. The other options are incorrect because they do not reflect the primary goal of determining control reliance or the overall goal of conducting an audit.

At the Planning Stage,the Auditor's Primary Goal When Deciding on Control