📊 Auditing
Q. The sequence of steps in the auditor’s consideration of internal control is as follows –
  • (A) Obtain an understanding, design substantive test, perform tests of control, and make a preliminary assessment of control risk
  • (B) Design substantive tests, obtain an understanding, perform tests of control, and make a preliminary assessment of control risk
  • (C) Obtain an understanding, make a preliminary assessment of control risk, perform tests of control, design substantive procedures.
  • (D) Perform tests of control, obtain and understanding, make a preliminary assessment of control risk, design
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✅ Correct Answer: (C) Obtain an understanding, make a preliminary assessment of control risk, perform tests of control, design substantive procedures.

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