In the Context of an Audit of Financial Statements,substantive Procedures

question 27

Multiple Choice

In the context of an audit of financial statements,substantive procedures are audit procedures that

• A) May be eliminated under certain conditions.
• B) Are primarily designed to discover significant subsequent events.
• C) May be either tests of details of transactions, tests of details of account balances, or analytical procedures.
• D) Will increase proportionately with an increase in the auditor's reliance on internal control.