Question
26. Assume that you have performed tests of internal controls of XYZ Company (above) and have determined that the internal control system will detect material
26. Assume that you have performed tests of internal controls of XYZ Company (above) and have determined that the internal control system will detect material misstatements 70% of the time. Will this result require an increase, decrease or the same amount of substantive testing?
Substantive testing _______
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Cost And Management Accounting An Introduction
Authors: Colin Drury
7th Edition
1408032139, 978-1408032138
