Sources of Information Used for Determining Substantive Procedures Include Which

question 63

Multiple Choice

Sources of information used for determining substantive procedures include which of the following?

• A)knowledge of client's business and industry.
• B)assessment of risk of material misstatement.
• C)results of analytical procedures.
• D)all of the above.

---

Definitions:

Negation

The contradiction or denial of something, often expressed in linguistic terms as "not."

Bi-conditional

A logical connection between two statements where both are true or both are false.

Tautology

A statement that is true by necessity or by virtue of its logical form, often repeating the same idea in different words.

Self-contradictory

A statement or position that contradicts itself, making it logically impossible or nonsensical.