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A reliance strategy is chosen when the auditor: Multiple Choice Plans on conducting tests of controls. Has set the control risk at a high level.
A reliance strategy is chosen when the auditor:
Multiple Choice
Plans on conducting tests of controls.
Has set the control risk at a high level.
Has set the control risk at a lower level.
Has not conducted a detailed understanding and documentation of internal control.
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Value Based Management Context And Application
Authors: Glen Arnold, Matt Davies
1st Edition
0471899860, 978-0471899860
