In an audit of financial statements, what are substantive tests?

1. A Option A: They may be eliminated for an account balance under certain conditions
2. B Option B: They may be tests of transactions, tests of balances and analytical procedures
3. C Option C: They increase proportionately when the auditor decreases the assessed level of control risk
4. D Option D: They are designed to discover significant subsequent events

Answer checked 11 October 2026 · How we write and check questions