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A) the First Step in the Auditor's Study and Evaluation

Question 46

Essay

A) The first step in the auditor's study and evaluation of internal control is obtain understanding of internal control for audit planning purposes. List the remaining steps.
B) Once the auditor has an understanding of internal control, what two assessments must be made prior to testing controls?
C) Describe five common procedures an auditor can use to obtain an understanding of internal control design.

Correct Answer:

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A)The remaining steps are:
2.Evaluate th...

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