Which of the following is (are)considered a further audit procedure(s)that may be designed after assessing the risks of material misstatement? $\begin{array}{c}
&\text{Substantive Tests of Details}&\text{
Substantive Analytical Procedures}\
\text { A) } & \text { Yes } & \text { Yes } \
\text { B) } & \text { Yes } & \text { No } \
\text { C) } & \text { No } & \text { Yes } \
\text { D) } & \text { No } & \text { No }
\end{array}$
A)Option A
B)Option B
C)Option C
D)Option D

Question

Quizplus · Accepted Answer

Both substantive tests of details and substantive analytical procedures are considered further audit procedures that may be designed after assessing the risks of material misstatement. Therefore, option A is the best choice. Option B is incorrect because substantive tests of details are still considered further audit procedures, even if substantive analytical procedures are not used. Option C is incorrect because substantive analytical procedures are still considered further audit procedures, even if substantive tests of details are not used. Option D is incorrect because no audit procedures are considered in this option.

Which of the Following Is (Are)considered a Further Audit Procedure(s)that