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QUESTION 20 Which of the following statements are correct? A. Tests of details of balances are normally the last tests performed. B. When controls are

QUESTION 20

Which of the following statements are correct?

A.
Tests of details of balances are normally the last tests performed.

B.
When controls are not considered effective substantive tests will be eliminated.

C.
Tests of transactions are often performed several months prior to the balance sheet date.

D.
It is common to use analytical procedures at any time during the audit.

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	A.	Tests of details of balances are normally the last tests performed.
	B.	When controls are not considered effective substantive tests will be eliminated.
	C.	Tests of transactions are often performed several months prior to the balance sheet date.
	D.	It is common to use analytical procedures at any time during the audit.