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14-11 (Objective 14-5) List the transaction-related audit objectives for the verification of cash receipts. For each objective, state one internal control that the client can
14-11 (Objective 14-5) List the transaction-related audit objectives for the verification of cash receipts. For each objective, state one internal control that the client can use to reduce the likelihood of misstatements.
16-16 (Objective 16-4) State three types of differences that might be observed in the confirmation of accounts receivable that do not constitute misstatements. For each, state an audit procedure that will verify the difference.
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