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As part of risk assessment procedures for an audit of a nonissuer, an auditor would most likely perform which of the following procedures concerning related-party

As part of risk assessment procedures for an audit of a nonissuer, an auditor would most likely perform which of the following procedures concerning related-party transactions?

A. Evaluate the entity's procedures for identifying related-party transactions.

B. Confirm related-party transaction amounts and terms with the other party.

C. Perform a direct test of related-party account balances.

D. Examine receiving and shipping records between the client and its affiliates

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