An audit plan details the nature, extent, and timing of audit procedures to be performed.The "nature" of audit procedures is best defined as _______.
A)what type of procedure will be used
B)the reliability and relevance of evidence obtained in the audit
C)when the procedure will be performed
D)how much testing will be done

Question

Quizplus · Accepted Answer

The "nature" of audit procedures refers to the type of procedure that will be used, such as inquiry, observation, inspection, or confirmation. This helps the auditor identify what approach they will take for gathering evidence and testing controls.

An Audit Plan Details the Nature, Extent, and Timing of Audit