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Answer the following questions: (1) What are the two types of tests that are performed in a dual purpose test? (2 marks) (2) True or
Answer the following questions:
(1) What are the two types of tests that are performed in a dual purpose test? (2 marks)
(2) True or False? Tests of Controls can provide direct evidence a material misstatement. (1 mark)
(3) True or False? When conducting a Test of Controls, the auditor specifies a Sample Deviation Rate. (1 mark)
(4) What is the difference between a test of controls and a substantive test?
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