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A substantive strategy is typically used to audit stockholders' equity because A. the number of transactions is small. B. controls over stockholders' equity transactions typically

A substantive strategy is typically used to audit stockholders' equity because

A. the number of transactions is small.

B. controls over stockholders' equity transactions typically are weak.

C. a reliance strategy is most efficient.

D. a substantive strategy likely was used in prior years.

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