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Q uestion Auditors use various tools to document their understanding of an entity's accounting and internal control systems, including narrative descriptions, internal control questionnaires and
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Auditors use various tools to document their understanding of an entity's accounting and internal control systems, including narrative descriptions, internal control questionnaires and flowcharts.
Required:
a.Identify the relative strengths and weaknesses of each tool.
b.Briefly describe how the complexity of an entity's accounting and internal control system affects the use of various tools.
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