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Auditors must obtain sufficient appropriate audit evidence to issue an audit opinion on the financial statements. In order to gain that evidence, auditors may use
Auditors must obtain sufficient appropriate audit evidence to issue an audit opinion on the financial statements. In order to gain that evidence, auditors may use a combination of tests of controls and substantive procedures. Required: d. Discuss a test of control and a substantive procedure. Give at least one example of each that may be used when auditing the completeness of corporate payroll system
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