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The generally accepted auditing standards state that sufficient competent evidential matter may, in part, be obtained through inspection, observation, inquiries, and confirmations to afford a
The generally accepted auditing standards state that sufficient competent evidential matter may, in part, be obtained through inspection, observation, inquiries, and confirmations to afford a reasonable basis for an opinion regarding the financial statements under audit. The evidential matter required by the standards may, in part, be obtained through: a. Proper planning of the audit engagement. b. Analytical procedures. C. Review of the system of internal accounting control. d. Auditor working papers
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