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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 42
The primary purpose for obtaining an understanding of a nonpublic audit client's internal control is to
A) Provide a basis for making constructive suggestions in a management letter.
B) Determine the nature, timing, and extent of further audit tests to be performed.
C) Provide the rationale for the inherent risk assessment at the financial statement assertion level.
D) Provide information for a communication of internal control-related matters to management
A) Provide a basis for making constructive suggestions in a management letter.
B) Determine the nature, timing, and extent of further audit tests to be performed.
C) Provide the rationale for the inherent risk assessment at the financial statement assertion level.
D) Provide information for a communication of internal control-related matters to management
Explanation
Verified
Verified
Therefore,...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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