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#1 Why must the auditor test the information system prior to testing transactions and balances #2 Describe the relationship between detection risk and audit risk

#1 Why must the auditor test the information system prior to testing transactions and balances #2 Describe the relationship between detection risk and audit risk #3 Identify and describe the two components of the risk of material misstatement #4 Distinguish between a test of control and a substantive test of transactions. Give two examples of each.

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