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There is significant overlap between test of controls and procedure to obtain an understanding both include enquiry inspection and observation can you explain this paragraph
There is significant overlap between test of controls and procedure to obtain an understanding both include enquiry inspection and observation
can you explain this paragraph
. The auditor is likely to use four types of procedures to support the operating effectiveness of internal controls: . Make inquiries of appropriate client personnel . Examine documents, records, and reports . Observe control-related activities . Reperform client proceduresStep by Step Solution
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