An auditor should design the audit plan to Select all material transactions for substantive testing. Perform either
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Question:
An auditor should design the audit plan to
Select all material transactions for substantive testing.
Perform either tests of controls or tests of transactions on each account balance.
Minimize substantive testing prior to the balance sheet date.
Implement the audit strategy.
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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