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Author Question: For a private company audit, tests of controls are normally performed only on those internal ... (Read 37 times)

haydenjmcm

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Question 1

An auditor assesses the risk of material misstatement to determine the impact on the audit plan and to determine the nature, extent, and timing of the audit procedures.
◦ true
◦ false

Question 2

For a private company audit, tests of controls are normally performed only on those internal controls the auditor believes have not been operating effectively during the period under audit.
◦ true
◦ false


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Marked as best answer by haydenjmcm on Aug 21, 2022

KeriJennin

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haydenjmcm

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Reply 2 on: Aug 21, 2022
Excellent


dyrone

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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