Why is the auditor likely to adopt a lower assessed level of control risk approach to the
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Why is the auditor likely to adopt a lower assessed level of control risk approach to the audit of accounts receivable wherever practicable? Why are substantive procedures more likely to be based on the accounts receivable balance than on sales, cash receipts and sales adjustment transactions?
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Related Book For 
Modern Auditing And Assurance Services
ISBN: 9781118615249
6th Edition
Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson
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