If the auditor uses the primarily substantive apporach instead of the lower control risk approach A. A higher level of understanding of internal control is required. B. The auditor plans to assess control risk at a lower level. C. The auditor plans a heavier reliance on substantive tests. D. The auditor plans to restrict substantive tests.
If the auditor uses the primarily substantive apporach instead of the lower control risk approach A. A higher level of understanding of internal control is required. B. The auditor plans to assess control risk at a lower level. C. The auditor plans a heavier reliance on substantive tests. D. The auditor plans to restrict substantive tests.
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 65RSCQ
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If the auditor uses the primarily substantive apporach instead of the lower control risk approach
A. A higher level of understanding of internal control is required.
B. The auditor plans to assess control risk at a lower level.
C. The auditor plans a heavier reliance on substantive tests.
D. The auditor plans to restrict substantive tests.
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