An Auditor's Purpose for Performing Tests of Controls Is to Provide

question 90

Multiple Choice

An auditor's purpose for performing tests of controls is to provide reasonable assurance that:

• A)Controls are operating effectively.
• B)The risk that the auditor may unknowingly fail to modify the opinion on the financial statements is minimized.
• C)Transactions are executed in accordance with management's authorization and access to assets is limited by a segregation of functions.
• D)Transactions are recorded as necessary to permit the preparation of the financial statements in conformity with generally accepted accounting principles.