Exhibit lists types of audit procedures. Describe how you would you use those procedures to test the

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Exhibit lists types of audit procedures. Describe how you would you use those procedures to test the inventory account. For each procedure, indicate the purpose of the procedure—is it a risk assessment procedure, a test of control, or a substantive procedure?

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Auditing a risk based approach to conducting a quality audit

ISBN: 978-1133939153

9th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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