Tuesday 20 November 2012

1. In the audit of the revenue of a manufacturing firm, the auditors wish to lower detection risk. One method to enable the auditor to lower the detection risk is to • Test transactions and balances at an interim date. • All of the above. • Test a larger number of transactions. • Use less experienced auditors to perform tests.

1.      In the audit of the revenue of a manufacturing firm, the auditors wish to lower detection risk. One method to enable the auditor to lower the detection risk is to

·        Test transactions and balances at an interim date.

·        All of the above.

·        Test a larger number of transactions.

·        Use less experienced auditors to perform tests.



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