When auditing prepaid insurance:

A) for many audits, significant substantive procedures are needed if the control risk is low.

B) companies often have a standard monthly journal entry to reclassify prepaid insurance as insurance expense.

C) the emphasis in the tests of details of balances is on insurance expense.

D) the auditor must prepare the insurance register.

Auditors usually test cost accounting records as part of the

A) acquisition tests.

B) payroll tests.

C) sales tests.

D) All of the above are correct.