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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 445
In which of the following circumstances would an auditor expect to find that an entity had implemented automated controls to reduce risks of misstatement?
A) When errors are difficult to predict.
B) When misstatements are difficult to define.
C) When large, unusual, or nonrecurring transactions require judgment.
D) When transactions are high volume and recurring.
A) When errors are difficult to predict.
B) When misstatements are difficult to define.
C) When large, unusual, or nonrecurring transactions require judgment.
D) When transactions are high volume and recurring.
Explanation
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When transactions are in high ...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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