If a client maintains records in electronic form, and the auditor can indirectly access electronic records, it may have significant implications for the extent of audit procedures.
Correct Answer:
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Q18: Analytical procedures consist of the study and
Q19: Inspecting tangible resources provides the auditor with
Q20: Evidence need not be relevant to management's
Q21: Reperformance consists of client personnel repeating the
Q22: If a client uses an image processing
Q24: If a client uses an image processing
Q25: Tracing looks primarily for understatements, while vouching
Q26: Choices about audit evidence are influenced by
Q27: Accounting records generally include:
A) contracts.
B) minutes of
Q28: With respect to audit objectives, the term
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