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1) Which of the five types of audit tests(see below) of financial statements tests are best suited for Nike and why? 2) Explain why some

1) Which of the five types of audit tests(see below) of financial statements tests are best suited for Nike and why?

2) Explain why some tests are not suitable.

Risk Assessment Procedures

Test of Controls

Substantive Tests of Transactions

Analytical Procedures

Tests of Details of Balances

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