Auditor understanding of the client internal controls

Reference no: EM13143344

1. As part of an auditor's understanding of the client's internal controls governing their financial statements, an auditor is not obligated to determine whether the controls have been implemented. True/False? Why?

2. An auditor should design the written audit plan so that each account balance is tested under either tests of controls or tests of transactions. True/False? Why?

Reference no: EM13143344

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