Which of the Following Arranges the General Types of Audit

question 46

Multiple Choice

Which of the following arranges the general types of audit tests in the order they are normally performed in an audit?

• A)Substantive procedures, tests of controls, and risk assessment procedures.
• B)Substantive procedures, risk assessment procedures, and tests of controls.
• C)Risk assessment procedures, tests of controls, and substantive procedures.
• D)Risk assessment procedures, substantive procedures, and tests of controls.

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Definitions:

Monitor

To observe and check the progress or quality of something over a period of time; keep under systematic review.

Documenting

The process of recording information, observations, or data on various mediums for future reference, analysis, or compliance.

Coach

A person who supports, instructs, and guides an individual or team to achieve their goals and improve their performance.

Improvement

The process of becoming better in quality, condition, or performance.