QUESTION 5 What are substantive procedures? (Chapter 9) Audit procedures that are applied when internal controls are not functioning as designed Audit procedures designed to detect material misstatements at the assertion level Audit procedures designed to aid testing controls Audit procedures applied to gather appropriate relevant and reliable data QUESTION 6 After auditors have completed testing controls and drawn a conclusion about control risk, they make decisions about the nature and timing of substantive testing they are ready to issue the audit opinion they make decisions about the nature, timing, and extent of substantive testing they should withdraw if control risk is assessed as high QUESTION 7 Every audit will involve . (Chapter 9) some amount of substantive testing because audit standards require it for relevant assertions no substantive testing because audit standards require it not to be conducted for relevant assertions conflicts with management pertaining to estimates relying on the internal audit function for production of evidentiary matter