I need more explanation on both E and F option. Why they are correct or wrong. Which
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Question:
I need more explanation on both E and F option. Why they are correct or wrong.
Which of the following statements relating to general controls and application controls ismost correct?
A.General controls directly inform assessments of control risk for assertions in specific accounts.
B.The reliance that auditors can place on application controls often depends on the reliability of general controls.
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