An auditor should design the written audit plan so that:

Question

Quizplus · Accepted Answer

Choice "C" is correct. An audit plan aids in instructing assistants in the work to be done. It should set forth in reasonable detail the audit procedures that the auditor believes are necessary to accomplish the objectives of the audit. Choice "A" is incorrect. Auditors make extensive use of sampling to perform audit tests. Tests of all material transactions would not be economically feasible. Choice "B" is incorrect. Assuming that incremental risk can be controlled, substantive tests can be performed prior to year-end. Choice "D" is incorrect. An account balance does not necessarily have to have tests of controls or tests of transactions applied to it.

An Auditor Should Design the Written Audit Plan So That