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The Auditor Gathers Evidence During the Audit Process to Reduce

Question 113

Essay

The auditor gathers evidence during the audit process to reduce audit risk to an acceptably low level.a.List the types of tests the auditor can apply in the audit and discuss the questions the auditor can answer with each type of test.b.Describe how the various tests are combined in the audit process to determine whether the financial statements are materially misstated.

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