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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 22
Which of the following approaches is most suitable for auditing the finance and investment cycle?
A) Perform extensive tests of controls and limit substantive procedures to analytical procedures.
B) Ignore internal controls and perform extensive substantive procedures.
C) Gain an understanding of internal controls and perform extensive substantive procedures.
D) Ignore internal controls and limit substantive procedures to analytical procedures.
A) Perform extensive tests of controls and limit substantive procedures to analytical procedures.
B) Ignore internal controls and perform extensive substantive procedures.
C) Gain an understanding of internal controls and perform extensive substantive procedures.
D) Ignore internal controls and limit substantive procedures to analytical procedures.
Explanation
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In order to audit the finance and invest...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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