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(internal controls) answer the questions below: - controls of the client company appear strong. Auditors tested the controls and found them & operate effrctively a.is
(internal controls) answer the questions below:
a.is the assess levek if Control risk High or Low?
b. is acceptable detection risk high or low?
c. Based on the acceptable detection risk, explain the scope (nature,Timing,extent) of substantive procedures to be performed?
-Controls of the client company appear strong, auditors decide not to test them.
a.is the assess levek if Control risk High or Low?
b. is acceptable detection risk high or low?
c. Based on the acceptable detection risk, explain the scope (nature,Timing,extent) of substantive procedures to be performed?
- Controls Are weak.
a.is the assess levek if Control risk High or Low?
b. is acceptable detection risk high or low?
c. Based on the acceptable detection risk, explain the scope (nature,Timing,extent) of substantive procedures to be performed?
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