Question
1. After obtaining an understanding of the clients internal controls, the auditor may choose to test some of the controls. If the results of those
1. After obtaining an understanding of the clients internal controls, the auditor may choose to test some of the controls. If the results of those tests are satisfactory, the auditor may then rely on those controls. What is the primary reason for relying on controls? What are other potential benefits from testing controls?
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
