Which of the Following Statements Is Not True

question 95

Multiple Choice

Which of the following statements is not true?

• A) Analytical procedures emphasize the overall reasonableness of transactions and balances.
• B) Tests of controls are concerned with evaluating whether controls are sufficiently effective to justify reducing control risk and thereby reducing analytical review procedures.
• C) Substantive tests of transactions emphasize the verification of transactions recorded in the journals and then posted in the general ledger.
• D) Tests of details of balances emphasize the ending balances in the general ledger.

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