Are direct tests of account balances generally more effective in detecting overstatements or understatements? Explain.

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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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Question Posted: Dec 29, 2012 06:16 AM

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Are direct tests of account balances generally more effective in detecting overstatements or understatements? Explain.

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Over Statements This is true because if the balance ...View the full answer

Auditing a business risk appraoch

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