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During the risk assessment stage of the audit of Direwolf Co. the auditor determines through tests of control that the controls within the business are
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During the risk assessment stage of the audit of Direwolf Co. the auditor determines through tests of control that the controls within the business are strong. What does this mean for the amount of substantive testing to be carried out during the audit?
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Less substantive testing will be carried out.
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More substantive testing will be carried out.
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No substantive testing will be carried out.
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