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. In an independent audit of financial statements of a large bank, why do auditors typically follow a control reliance strategy (i.e, obtaining some audit

. In an independent audit of financial statements of a large bank, why do auditors typically follow a control reliance strategy (i.e, obtaining some audit assurance via control testing)? In the case of Societe Generale, do you believe the external auditors gathered much controls related evidence regarding the Delta One trading desk/ Why or why not?

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