Which One of the Following Statements Is NOT Correct

question 83

Multiple Choice

Which one of the following statements is NOT correct?

• A) Internal controls vary from company to company; therefore, the auditor must identify the controls and deficiencies for each organisation.
• B) The auditor must perform tests of controls on all of the client's internal controls.
• C) The tests of controls and substantive tests of transactions are combined where appropriate.
• D) The substantive tests of transactions will vary depending on the assessed control risk.

---

Definitions:

Financial Concepts

Fundamental categories and principles that form the basis for financial analysis, planning, and decision-making.

Control the Message

A strategy employed in communication and public relations to influence how a particular message is perceived by the audience.

Mobile Communication

A form of communication that occurs over mobile devices, such as smartphones and tablets, allowing users to share information across distances without being physically connected.

Oral Medium

A means of communication through spoken words, including face-to-face conversations, lectures, radio broadcasts, and oral presentations.