Explain why the percentage of total audit time in the cycle devoted to performing tests of controls

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Explain why the percentage of total audit time in the cycle devoted to performing tests of controls is usually far greater for the payroll and personnel cycle than for the sales and collection cycle.

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Auditing And Other Assurance Services

ISBN: 9780130091246

9th Canadian Edition

Authors: Alvin Arens, James Loebbecke, W Lemon, Ingrid Splettstoesser

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