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exercise Different types of analytical procedures provide different levels of assurance. What is/are the implication(s) of this statement? 1. Type of analytical procedure depends on

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"Different types of analytical procedures provide different levels of assurance". What is/are the implication(s) of this statement? 1. Type of analytical procedure depends on the auditor's judgment II. Analytical procedures have varied levels of significance o a. Both are true b. Only 1 is true O c. Only II is true O . d. Both are false

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