If the predominantly substantive approach preliminary audit strategy is used, planned detection risk will be:
A) low or very low.
B) high or very high.
C) moderate or high.
D) at the higher level.
Correct Answer:
Verified
Q2: The least costly form of testing is
Q9: Tests of details of transactions primarily involve:
A)confirmation
Q11: Which of these would not be considered
Q12: Which of these is not considered a
Q13: Tests of details of balances focus on
Q16: If the lower assessed level of control
Q17: Extensive tests of details for an income
Q18: For a particular account balance assertion, the
Q19: Confirmation and direct knowledge by the auditor
Q38: The auditor is performing substantive procedures several
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