Question 1
Which of the following would
not be considered further audit procedures?
◦ tests of controls
◦ analytical procedures
◦ tests of details of balances
◦ risk assessment procedures
Question 2
You are auditing Rodgers and Company. After performing substantive analytical procedures, you conclude that, for the accounts tested, the client's balance appears reasonable. This may indicate that
◦ details test of balances can be eliminated for those accounts.
◦ certain tests of details of balances may be eliminated for those accounts.
◦ control tests may be eliminated for those accounts.
◦ control tests may be reduced for those accounts.