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QUESTION 29 Which of the following statements related to related party transactions is correct? Auditors should not expect that the company's internal control system will

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QUESTION 29 Which of the following statements related to related party transactions is correct? Auditors should not expect that the company's internal control system will identify related purty transactions b. Auditors should not be skeptical that clients will want to hide related party transactions C. Auditors need to identify only the significant related party transactions d. related party transactions have higher risks of material misstatements QUESTION 30 Vouching a sample of recorded sales transactions back to the customer orders and shipping documents provide support for: a. Completeness b. Existence C. Presentation and Disclosure d. Rights and Obligations

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