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Respond to the following in a minimum of 175 words: Consider the concepts of sufficient and appropriate audit evidence. Assess how audit risk relates to

Respond to the following in a minimum of 175 words:

  • Consider the concepts of sufficient and appropriate audit evidence. Assess how audit risk relates to audit evidence.
  • How do auditors audit accounting estimates and other subjective information? What are analytical procedures, and why are they a useful audit tool? Explain the importance of audit documentation.

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