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explain why these answers are correct in full detail 1 . aclients internal control system may be documented by the auditor through the use of

explain why these answers are correct in full detail
1. aclients internal control system may be documented by the auditor through the use of
-all of the above (questionnaries, flowcharts, narratives)
2. the internal control in small business is highly dependent on the
-owner-managers competence, as well as his/her ethics and integrity
3. if auditors assess control risk at the maximum level, they will tend to
-perform a great deal of substantive testing during the audit
4. proper seperation of duties reduces the opportunities to allow persons to be in positions to both
-perpetrate a fraud and then conceal it in the books

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