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3. What would be the extend of your testing for a financial statement-only audit where we are seeking a moderate level of assurance from controls,

3. What would be the extend of your testing for a financial statement-only audit where we are seeking a moderate level of assurance from controls, based on the facts below? Control Description: Finance reviews the Outstanding invoice report for each blocked invoice Frequency of control: Daily Type of audit financial statement - only audit a. 10 b. 20 c. 30 d. 40

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