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An auditor most likely would limit substantive audit tests of sales transactions when the risks of material misstatement are assessed as low for the existence
An auditor most likely would limit substantive audit tests of sales transactions when the risks of material misstatement are assessed as low for the existence and occurrence assertions concerning sales transactions and the auditor has already gathered evidence supporting
Shipping and receiving activities.
Cash receipts and accounts receivable.
Opening and closing inventory balances.
Cutoffs of sales and purchases.
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