TESTING METHODS
Introduction
Testing methods are techniques used to test in engineering or science, such as a chemical test, statistical test, or physical test. The testing method must be unambiguous, clear, and experimentally feasible to ensure relevant and accurate test results. They should be useful as well as reproducible. In software improvement, business, science, engineering, and manufacturing, the developers, manufacturers, researchers, and related personnel have to understand and decide upon ways of obtaining information and crds is important.
Negative confirmations have an advantage over positive confirmations since they are not costly. This is because there is zero follow-up of replies as well as no requests. As Amorati & Valgimigli, (2015) states, the main disadvantage in negative confirmations is they are not reliable like positive confirmations since a nonresponse has to be viewed as the right response, though the borrower might ignore the request. The type of confirmation is determined by the auditor and it must be determined by the facts of the audit.
Substantive tests of transactions aim at the individual’s transactions which comprise of the balance while Substantive tests of balances verify the final balance of the account. An auditor should test account balances if there is exaggeration of the number of transactions. Substantive testing of transactions can be, if auditors test the dollar price of the specific transactions which comprise the balance, by vouching every specific transaction towards supporting documentation, or vouching samples of the transactions. (Gholizadeh, 2016).
Conclusion
Testing methods should regularly be scrutinized for the validity, accuracy and applicability. It is essential that the range of the testing methods be distinctly stated, and all aspects involved shown to be repeatable and accurate via validation.