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9. How reliable are the controls if CR is assumed to be .05? 10. When auditing Cash, one assertion the auditor will consider is whether

9. How reliable are the controls if CR is assumed to be .05?

10. When auditing Cash, one assertion the auditor will consider is whether cash discounts are authorized. To test this, the auditor conducts a control test and examines a sample of cash receipts transactions to see if they were authorized or not.

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