Definition of Dual-purpose test:
Serving two purposes or functions.
An audit procedure that consists of both tests of control (TOC) and substantive tests (STOT) that involve a re-performance of client procedures to determine the occurrence rate of errors in a financial statement. A TOT looks for evidence that the client verification procedure was effective and a STOT looks for evidence that the transactions were accurate.
How to use Dual-purpose test in a sentence?
- A dual-purpose hand and nail cream.
Meaning of Dual-purpose test & Dual-purpose test Definition