An important objective of the business risk approach is to make the audit more profitable by cutting

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An important objective of the business risk approach is to make the audit more profitable by cutting down on the amount of evidence obtained by substantive tests of detail.

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The Audit Process Principles Practice And Cases

ISBN: 9781473760189

7th Edition

Authors: Iain Gray, Louise Crawford, Stuart Manson

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Question Posted: May 05, 2024 04:00 AM

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An important objective of the business risk approach is to make the audit more profitable by cutting

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The statement suggests that the objective of the business risk approach in auditing is to increase profitability by reducing the amount of evidence ob...View the full answer

The Audit Process Principles Practice And Cases

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