Chapter3 Flashcards

1
Q

The auditor should perform tests of controls in two circumstances:

A

When the auditor’s risk assessment includes an expectation of the operating effectiveness of the controls and when substantive tests alone do not provide sufficient appropriate audit evidence.
Assessing control risk at the minimum level would involve testing controls.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly